The pair Euro/Canadian Dollar (EUR/CAD) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 1.62984 is considered certain.
Caution: A possible trend reversal in the direction of support at 1.62716 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ” indicator layout is discovered. The indicator is ”. In der Regel bedeutet das ein positives signal. Die Paarung wird wahrscheinlich steigen.
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Next a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. In der Regel bedeutet das ein positives signal. Die Paarung wird wahrscheinlich steigen.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63176 |
| 2nd High | 1.63174 |
| Next High | 1.62984 |
| Current Price | 1.63106 |
| Next Low | 1.62716 |
| 2nd Low | 1.62036 |
| 3rd Low | 1.61473 |
1.62984 – 1.62918 – 1.62068 – 1.62716 – 1.62036 – 1.61473 —
1.62821 – 1.62960 —
58.338100703175 – 64.277075405132 —
1.62716 – 1769472300 —
1.62984 – 1769464800
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –