Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 185.568 |
| Next High | 184.63 |
| Current Price | 183.97600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
184.63 – 185.568 – 185.534 – 182.715 – 183.452 – 183.86 —
183.67000 – 183.74000 —
49.101186583227 – 53.513856542408 —
– —
184.63000 – 1768471200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Double bottom chart pattern – – – – – – – –