Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.
Also there is a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.
Also there is a ‘MACD Hidden Bearish Divergence’ indicator signal is discovered. The indicator shows ‘MACD Hidden Bearish Divergence’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.96559232 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.96864 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Two Crows’ chart pattern is detected. The chart shows ‘Two Crows’. 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 likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.97065 |
| 2nd High | 0.96899 |
| Next High | 0.96864 |
| Current Price | 0.96681 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.96864 – 0.96899 – 0.96865 – 0.96418 – 0.96521 – 0.96605 —
0.96864 – 0.96768 —
61.978160254428 – 51.103703374752 —
0.96864 – 1771959600 —
– 1771959600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Two Crows – – – – – – – – –