USD/CAD – 4H – BUYIn addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The 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 | 1.40142 |
| 2nd High | 1.38717 |
| Next High | 1.38054 |
| Current Price | 1.37704 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.38054 – 1.37977 – 1.38717 – 1.36421 – 1.37301 – 1.37994 —
1.37483 – 1.37698 —
64.965962750812 – 59.698332197567 —
– —
1.38054 – 1766174400
Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – Double bottom retreat down – – – – – – – –