In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘MACD Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.61645388 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.61711 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three White Soldiers’ chart pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. 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 | 1.61754 |
| 2nd High | 1.61722 |
| Next High | 1.61711 |
| Current Price | 1.61616 |
| Next Low | 1.61364 |
| 2nd Low | 1.61327 |
| 3rd Low | 1.61049 |
1.61711 – 1.61722 – 1.61675 – 1.61364 – 1.61491 – 1.61379 —
1.61698 – 1.61500 —
56.643282655325 – 37.607758097776 —
– —
1.61711 – 1771407000
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three White Soldiers – – – – – – – – –