The pair Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline down.
A bearish trend down to the next support line at 184.802 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 185.536 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘StochOSC Hidden Bearish Divergence’ indicator layout is detected. The indicator is ‘StochOSC Hidden Bearish Divergence’. In der Regel bedeutet das ein negatives chart signal. Das Paar tendiert eventuell nach unten.
Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
Also there is a ‘Matching Low’ candle chart pattern is detected. The candles form ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 185.568 |
| Next High | 185.536 |
| Current Price | 185.47900 |
| Next Low | 184.802 |
| 2nd Low | 183.767 |
| 3rd Low | 183.482 |
185.436 – 185.438 – 185.536 – 184.802 – 184.818 – 183.767 —
185.03000 – 185.56900 —
42.641569858248 – 70.744833601591 —
– —
185.43600 – 1769013000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Matching Low – – – – – – – – –