AUD/JPY – 1H – BUY

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.

In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 101.15194 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 101.428 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

101.428 – 101.148 – 101.131 – 100.138 – 100.734 – 100.22 —
101.25600 – 100.79800 —
58.77033732787 – 39.647389784813 —
– —
101.42800 – 1763496000

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