The currency pair US Dollar/Japanese Yen (USD/JPY) moves from the ascending trendline down.
A bearish trend down to the next support at 156.449 is certain.
Caution: A possible trend reversal in the direction of resistance at 157.847 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.
In addition a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.
In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.223 |
| 2nd High | 157.965 |
| Next High | 157.847 |
| Current Price | 157.53500 |
| Next Low | 156.449 |
| 2nd Low | 155.534 |
| 3rd Low | 155.342 |
157.847 – 157.965 – 157.75 – 156.449 – 156.85 – 157.147 —
157.58900 – 157.87300 —
52.956832850895 – 63.656227487258 —
– —
157.847 – 1772744400
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –