Additionally a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. 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. Current target is 0.92931 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.93157 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93238 |
| 2nd High | 0.93165 |
| Next High | 0.93157 |
| Current Price | 0.92893 |
| Next Low | 0.92697 |
| 2nd Low | 0.92577 |
| 3rd Low | 0.92068 |
0.93157 – 0.93165 – 0.93069 – 0.92697 – 0.92974 – 0.92755 —
0.92798 – 0.92880 —
37.613894236242 – 41.458233185613 —
– —
0.93157 – 1767344400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –