EUR/JPY – 30M – BUY

The pair Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance at 187.105 is expected.

Caution: A possible trend reversal in the direction of the support line at 186.79800 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Besides a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

187.105 – 186.874 – 186.747 – 186.79800 – 186.693 – 186.553 —
186.94900 – 186.90000 —
47.123162995293 – 47.325067199447 —
186.79800 – 1777311000 —
187.105 – 1777305600

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