USD/JPY – 30M – BUY

The combination US Dollar/Japanese Yen (USD/JPY) breaks through the bearish trendline upwards

A bullish ascent up to the next resistance line at 156.798 is likely expected.

Caution: A possible change in the direction of the support line at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

156.798 – 156.962 – 157.891 – 156.197 – 156.553 – 157.108 —
156.68700 – 156.73300 —
48.297278798805 – 56.327100062759 —
– —
156.79800 – 1763951400

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