EUR/USD – 30M – SELLThe currency pair goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 1.05946 is considered certain.
Caution: A possible change in the direction of the resistance level at 1.06628 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.07971 |
| 2nd High | 1.07275 |
| Next High | 1.06628 |
| Current Price | 1.06124 |
| Next Low | 1.05946 |
| 2nd Low | |
| 3rd Low |
EUR/USD – 1H – SELLThe combination jumps from the descending trendline downwards
A continuation of the downward movement down to the next support level at 1.05946 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 1.06628 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08243 |
| 2nd High | 1.07971 |
| Next High | 1.06628 |
| Current Price | 1.06175 |
| Next Low | 1.05946 |
| 2nd Low | |
| 3rd Low |
EUR/CHF – 1H – SELLThe pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.93463 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.93886 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94423 |
| 2nd High | 0.93999 |
| Next High | 0.93886 |
| Current Price | 0.93691 |
| Next Low | 0.93463 |
| 2nd Low | 0.93320 |
| 3rd Low | 0.93064 |
EUR/CHF – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.93943 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.93886 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive pattern 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 | 0.94423 |
| 2nd High | 0.93999 |
| Next High | 0.93886 |
| Current Price | 0.93729 |
| Next Low | 0.93463 |
| 2nd Low | 0.93320 |
| 3rd Low | 0.93064 |
EUR/AUD – 30M – SELLThe pair goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 1.62029 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 1.62772 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63543 |
| 2nd High | 1.63047 |
| Next High | 1.62772 |
| Current Price | 1.62571 |
| Next Low | 1.62029 |
| 2nd Low | 1.61911 |
| 3rd Low | 1.61829 |
EUR/CAD – 30M – BUYThe combination breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance level at 1.48440 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 1.47783 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.49907 |
| 2nd High | 1.49263 |
| Next High | 1.48440 |
| Current Price | 1.48192 |
| Next Low | 1.47783 |
| 2nd Low | |
| 3rd Low |
EUR/CHF – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.93943 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.93886 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94423 |
| 2nd High | 0.93999 |
| Next High | 0.93886 |
| Current Price | 0.93716 |
| Next Low | 0.93463 |
| 2nd Low | 0.93320 |
| 3rd Low | 0.93279 |
EUR/USD – 30M – BUYThe currency pair breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 1.06628 will continue.
Caution: A possible change in the direction of the support line at 1.05946 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.07971 |
| 2nd High | 1.07275 |
| Next High | 1.06628 |
| Current Price | 1.06275 |
| Next Low | 1.05946 |
| 2nd Low | |
| 3rd Low |
EUR/USD – 30M – SELLThe combination moves from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 1.05946 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 1.06628 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.07971 |
| 2nd High | 1.07275 |
| Next High | 1.06628 |
| Current Price | 1.06130 |
| Next Low | 1.05946 |
| 2nd Low | |
| 3rd Low |
EUR/AUD – 30M – SELLThe pair jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 1.62029 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.62772 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63543 |
| 2nd High | 1.63047 |
| Next High | 1.62772 |
| Current Price | 1.62578 |
| Next Low | 1.62029 |
| 2nd Low | 1.61911 |
| 3rd Low | 1.61829 |
EUR/CAD – 1H – SELLThe combination goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at is considered certain.
Caution: A possible change in the direction of the resistance level at 1.48440 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.49907 |
| 2nd High | 1.49263 |
| Next High | 1.48440 |
| Current Price | 1.48038 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
EUR/USD – 1H – SELLThe combination jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at is certain.
Caution: A possible counter-trend in the direction of resistance at 1.06628 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08243 |
| 2nd High | 1.07971 |
| Next High | 1.06628 |
| Current Price | 1.06161 |
| Next Low | |
| 2nd Low | |
| 3rd Low |