The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.91721 is considered certain.
Caution: A possible change in the direction of the support zone at 0.91539 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.
Then a ‘RSI Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.
Then a ‘MACD Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.
Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92147 |
| 2nd High | 0.92044 |
| Next High | 0.91721 |
| Current Price | 0.91662 |
| Next Low | 0.91539 |
| 2nd Low | 0.91451 |
| 3rd Low | 0.9137 |
0.91721 – 0.91585 – 0.91618 – 0.91539 – 0.91451 – 0.9137 —
0.91637 – 0.91633 —
54.031508348511 – 50.393528313262 —
– —
0.91721 – 1764226800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – – – – – –