Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

Furthermore a ‘MACD Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.61326 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.61326 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.61326 – 1.61198 – 1.61062 – 1.60713 – 1.60641 – 1.60642 —
1.60961 – 1.60989 —
43.546824811499 – 50.548211077418 —
– —
1.61326 – 1780412400

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three White Soldiers – – – – – – – – –

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Bullish Engulfing’ candle pattern is found. The chart forms ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

1.61326 – 1.61198 – 1.61062 – 1.60713 – 1.60641 – 1.60642 —
1.60977 – 1.60919 —
50.078580572028 – 46.69922837934 —
– —
1.61326 – 1780412400

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Engulfing – – – – – – – – –