EUR/USD – 1H – BUY

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.

Furthermore a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.154905 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 1.15522 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.15522 – 1.15496 – 1.15969 – 1.14908 – 1.15008 – 1.1571 —
1.15080 – 1.15221 —
40.839188073101 – 44.72487010105 —
– —
1.15522 – 1763719200

Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – – – – – –