Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart 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 signal. The currency pair could go up.
Then a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16243 |
| 2nd High | 1.16145 |
| Next High | 1.16132 |
| Current Price | 1.15924 |
| Next Low | 1.15467 |
| 2nd Low | 1.15112 |
| 3rd Low | 1.1511 |
1.16132 – 1.16005 – 1.15955 – 1.15467 – 1.15654 – 1.15112 —
1.16033 – 1.15934 —
56.673675112708 – 39.748050259671 —
– —
1.16132 – 1764217800
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – – – – – –