Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63256 |
| 2nd High | 1.62171 |
| Next High | 1.62167 |
| Current Price | 1.61945 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.62167 – 1.62139 – 1.62171 – 1.61606 – 1.61759 – 1.61451 —
1.61816 – 1.61956 —
42.324128563193 – 54.265485938544 —
– —
1.62167 – 1762246800
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – – – –