Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.
Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
Then a ‘Bearish Engulfing’ chart pattern is detected. The candles form ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.97065 |
| Next High | 0.96865 |
| Current Price | 0.96618 |
| Next Low | 0.96605 |
| 2nd Low | 0.96403 |
| 3rd Low | 0.96116 |
0.96865 – 0.97065 – 0.96981 – 0.96605 – 0.96403 – 0.96116 —
0.96769 – 0.96778 —
41.271987729288 – 41.642019811131 —
– —
0.96865 – 1771844400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Engulfing – – – – – – – – –