USD/JPY – 30M – BUY

The currency pair US Dollar/Japanese Yen (USD/JPY) jumps from the descending trendline up.

A bullish trend upwards to the next resistance line at 159.461 is likely expected.

Caution: A possible trend reversal in the direction of support at 159.091 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

159.461 – 159.479 – 159.595 – 159.091 – 159.306 – 159.309 —
159.42000 – 159.44600 —
57.564820722086 – 51.135219290688 —
– —
159.461 – 1777320000

Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –