The currency pair US Dollar/Japanese Yen (USD/JPY) jumps from the ascending trendline down.
The bearish trend downwards to the next support at 157.855 is likely expected.
Caution: A possible change in the direction of the resistance line at 158.254 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.6 |
| 2nd High | 158.297 |
| Next High | 158.254 |
| Current Price | 158.12900 |
| Next Low | 157.855 |
| 2nd Low | 157.466 |
| 3rd Low | 157.422 |
158.254 – 158.297 – 158.6 – 157.855 – 157.466 – 157.844 —
157.98200 – 158.30800 —
43.125668496931 – 63.206188449925 —
– —
158.25400 – 1768982400
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –