The pair Euro/Swiss Franc (EUR/CHF) jumps from the bullish trendline down.
A bearish trend down to the next support level at 0.92716 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.92839 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair is likely to rise.
Next a ‘RSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘RSI Hidden Bullish Divergence’. which could be a positive chart scenario. The currency pair is likely to rise.
Next a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive chart scenario. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93072 |
| 2nd High | 0.93003 |
| Next High | 0.92839 |
| Current Price | 0.92790 |
| Next Low | 0.92716 |
| 2nd Low | 0.92574 |
| 3rd Low | 0.92536 |
0.92839 – 0.93003 – 0.93072 – 0.92716 – 0.92727 – 0.92723 —
0.92837 – 0.92789 —
61.263211992367 – 42.376861595718 —
– —
0.92839 – 1769099400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –