EUR/CHF – 30M – BUYThe pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 0.92972 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.92681 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.
Additionally a ‘MACD Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD Hidden Bullish Divergence’. which could be a positive chart signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The 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 | 0.93281 |
| 2nd High | 0.93166 |
| Next High | 0.92972 |
| Current Price | 0.92831 |
| Next Low | 0.92681 |
| 2nd Low | 0.92577 |
| 3rd Low | 0.92544 |
0.92972 – 0.93166 – 0.93281 – 0.92681 – 0.93043 – 0.93076 —
0.92871 – 0.92808 —
37.590293443742 – 38.497028484411 —
– —
0.92972 – 1768816800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –