USD/JPY – 30M – BUY

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.

Furthermore a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. which could be a positive signal. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 155.373 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of resistance at 155.373 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

155.373 – 155.302 – 154.74 – 154.81300 – 154.413 – 153.615 —
155.18700 – 155.09000 —
32.44121091683 – 43.880637436664 —
154.81300 – 1763445600 —
155.37300 – 1763431200

Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – – – – –