EUR/CHF – 30M – BUYThe pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 0.91832 will persist.
Caution: A possible change in the direction of the support level at 0.91709 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.918725 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.91832 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candle pattern is discovered. The candles show ‘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 | 0.92354 |
| 2nd High | 0.92112 |
| Next High | 0.91832 |
| Current Price | 0.91760 |
| Next Low | 0.91709 |
| 2nd Low | 0.91633 |
| 3rd Low | 0.91629 |
0.91832 – 0.92112 – 0.92099 – 0.91709 – 0.91633 – 0.91809 —
0.91805 – 0.91815 —
51.412811081092 – 42.425680372722 —
– —
0.91832 – 1769679000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –