Buy USD/JPY – 1H – BUY

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 158.193
2nd High 157.891
Next High 157.186
Current Price 156.44400
Next Low 156.197
2nd Low 155.213
3rd Low 154.813

157.186 – 157.891 – 155.728 – 156.197 – 155.213 – 154.813 —
156.22900 – 156.28500 —
45.974362354035 – 50.002381993532 —
– —
157.18600 – 1764003600

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