Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.
Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.62775168 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 1.63721 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64243 |
| 2nd High | 1.64015 |
| Next High | 1.63721 |
| Current Price | 1.62973 |
| Next Low | 1.6296 |
| 2nd Low | 1.62483 |
| 3rd Low | 1.61997 |
1.63721 – 1.63348 – 1.63135 – 1.6296 – 1.63002 – 1.62483 —
1.63596 – 1.63111 —
60.76413297403 – 40.185579162792 —
– —
1.63721 – 1777969800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – – – – – – – – –