AUD/JPY – 30M – BUY

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.

Besides a ‘%K cross above 0.2’ indicator layout is found. The indicator is ‘%K cross above 0.2’. which could be a positive chart scenario. The currency pair is likely to rise.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 106.325 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 106.313 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. 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).

106.313 – 106.325 – 106.228 – 105.908 – 105.209 – 105.523 —
106.55000 – 106.32800 —
72.025373824314 – 42.358295427086 —
– —
106.31300 – 1768527000

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