The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 1.37104 will persist.
Caution: A possible change in the direction of the support zone at 1.36668 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Then a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The 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 | 1.37378 |
| 2nd High | 1.37142 |
| Next High | 1.37104 |
| Current Price | 1.36857 |
| Next Low | 1.36668 |
| 2nd Low | 1.36298 |
| 3rd Low | 1.36125 |
1.37104 – 1.36913 – 1.36357 – 1.36668 – 1.36671 – 1.36693 —
1.36717 – 1.36802 —
39.587530174187 – 49.386026986253 —
1.36668 – 1777518000 —
1.37104 – 1777480200
Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – – – – – – – – –