AUD/JPY – 30M – BUY

The pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance line at 106.817 will persist.

Caution: A possible counter-trend in the direction of support at 105.908 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Furthermore a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

106.817 – 106.313 – 106.325 – 105.908 – 105.209 – 105.523 —
106.55700 – 106.26900 —
48.563214070476 – 46.243384186854 —
– —
106.81700 – 1768901400

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