EUR/CAD – 1H – BUY

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.

Moreover a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair could go up.

Moreover a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Matching Low’ candlestick pattern is detected. The candles form ‘Matching Low’. which is a bullish pattern 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 ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.61823 – 1.61874 – 1.61981 – 1.61126 – 1.61408 – 1.61599 —
1.61367 – 1.61504 —
44.156813469649 – 54.848208163046 —
– —
1.61823 – 1768474800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Matching Low – – – – – – – – –