The currency pair Euro/US Dollar (EUR/USD) jumps from the bearish trendline upwards
An ascent upwards to the next resistance at 1.16944 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1.16719 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.
Additionally a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.
Additionally a ‘StochRSI Bullish Divergence’ indicator layout is discovered. The indicator is ‘StochRSI Bullish Divergence’. which could be a positive chart signal. The pair is likely to go up.
Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17795 |
| 2nd High | 1.17644 |
| Next High | 1.16944 |
| Current Price | 1.16781 |
| Next Low | 1.16719 |
| 2nd Low | 1.16212 |
| 3rd Low | 1.16147 |
1.16944 – 1.17644 – 1.17589 – 1.16719 – 1.17129 – 1.17199 —
1.16827 – 1.16712 —
37.874829699355 – 28.398893685868 —
– —
1.16944 – 1767609000
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – – – – – –