The currency pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline downwards
A descending movement down to the next support line at is likely expected.
Caution: A possible counter-trend in the direction of resistance at 186.869 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.
Additionally a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 186.869 |
| Current Price | 185.62000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
186.869 – 186.012 – 185.762 – 184.802 – 184.818 – 183.767 —
185.91000 – 185.98300 —
37.826487353663 – 49.154347352879 —
– —
186.86900 – 1769160600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –