Buy USD/JPY – 1H – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Next a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. this 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 ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 159.743
Current Price 159.37600
Next Low 158.846
2nd Low 158.566
3rd Low 157.86

159.743 – 159.68 – 159.234 – 158.846 – 159.003 – 158.566 —
159.35400 – 159.21800 —
48.477240960393 – 46.569263292476 —
– —
159.743 – 1773442800

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