Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.
Besides a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.15412004 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 1.15522 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.15969 |
| 2nd High | 1.15905 |
| Next High | 1.15522 |
| Current Price | 1.15349 |
| Next Low | 1.15014 |
| 2nd Low | 1.15008 |
| 3rd Low | 1.14682 |
1.15203 – 1.15522 – 1.15496 – 1.15014 – 1.15231 – 1.15008 —
1.15260 – 1.15341 —
59.458829191437 – 56.721647118103 —
– —
1.15203 – 1763766000
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – – – – – –