The combination Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.
The bullish trend up to the next resistance level at 0.92285 will persist.
Caution: A possible trend reversal in the direction of the support line at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘StochRSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator shows ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is discovered. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92867 |
| 2nd High | 0.92663 |
| Next High | 0.92285 |
| Current Price | 0.92157 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.92285 – 0.92663 – 0.91999 – 0.92056 – 0.91813 – 0.91516 —
0.92160 – 0.92127 —
50.137364541177 – 48.555315843932 —
– —
0.92285 – 1775149200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –