GBP/JPY – 30M – BUYBesides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.
Besides a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.433 |
| 2nd High | 213.719 |
| Next High | 213.299 |
| Current Price | 212.73100 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
213.299 – 212.883 – 212.409 – 212.36 – 211.973 – 211.589 —
212.68300 – 212.86700 —
47.692941838726 – 54.548464435469 —
– —
213.299 – 1773268200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bullish Engulfing – – – – – – – – –