Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.37633 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.37378 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The 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 | 1.38775 |
| 2nd High | 1.37879 |
| Next High | 1.37378 |
| Current Price | 1.37058 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.37378 – 1.37879 – 1.38775 – 1.36491 – 1.37128 – 1.37306 —
1.36729 – 1.36962 —
31.411786230408 – 55.503644563312 —
– —
1.37378 – 1776344400
Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – – – – – – – – –