USD/JPY – 1H – BUY

The combination US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline upwards

A bullish trend up to the next resistance level at 156.522 is expected.

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

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

156.522 – 157.934 – 157.299 – 156.016 – 155.036 – 157.076 —
156.95700 – 156.88200 —
62.560924504313 – 57.089517368752 —
– —
156.522 – 1778122800

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