Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.
Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Then a ‘Bearish Engulfing’ chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92171 |
| 2nd High | 0.91945 |
| Next High | 0.91752 |
| Current Price | 0.91687 |
| Next Low | 0.91485 |
| 2nd Low | 0.91451 |
| 3rd Low | 0.91434 |
0.91752 – 0.91945 – 0.92171 – 0.91485 – 0.91809 – 0.91568 —
0.91750 – 0.91713 —
61.15764886415 – 52.234538830309 —
– —
0.91752 – 1770174000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Engulfing – – – – – – – – –