Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.
Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.92951808 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.93259 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93725 |
| 2nd High | 0.93311 |
| Next High | 0.93259 |
| Current Price | 0.92658 |
| Next Low | 0.91789 |
| 2nd Low | |
| 3rd Low |
0.93259 – 0.92703 – 0.93103 – 0.91789 – 0.9258 – 0.92373 —
0.92276 – 0.92641 —
43.125275456765 – 58.67685076864 —
– —
0.93259 – 1762516800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – –