AUD/CAD – 1H – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bullish trendline up.

A continuation of the uptrend up to the next resistance at 0.93031 will persist.

Caution: A possible counter-trend in the direction of support at 0.92611 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.

Besides a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.

Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.929045 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.93031 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ candlestick 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.93031 – 0.93211 – 0.93236 – 0.92611 – 0.92699 – 0.92573 —
0.92798 – 0.92746 —
49.031480886507 – 43.681956079438 —
– —
0.93031 – 1768381200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – – – – – –