Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
Furthermore a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair could go up.
Furthermore a ‘MACD Hidden Bullish Divergence’ indicator signal is found. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish chart scenario. 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 expected. Current target is 0.92931 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.9306 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | 0.93165 |
| 2nd High | 0.93157 |
| Next High | 0.9306 |
| Current Price | 0.92914 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.9306 – 0.93157 – 0.93165 – 0.92766 – 0.92754 – 0.92697 —
0.92833 – 0.92835 —
52.733930842211 – 45.271009611901 —
– —
0.93060 – 1767614400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –