GBP/JPY – 30M – BUYNext a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.
Next a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 215.899 |
| 2nd High | 215.716 |
| Next High | 215.63500 |
| Current Price | 215.37300 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
215.63500 – 215.716 – 215.899 – 215.117 – 215.187 – 215.322 —
215.63500 – 215.45600 —
57.546623539656 – 49.875947089915 —
215.63500 – 1776357000 —
– 1776357000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Matching Low – – – – – – – – –