The pair Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 186.03 is likely expected.
Caution: A possible counter-trend in the direction of the support line at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.554 |
| 2nd High | 186.315 |
| Next High | 186.03 |
| Current Price | 185.78500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
186.03 – 186 – 185.617 – 185.207 – 184.763 – 184.321 —
185.81900 – 185.78000 —
50.734901670185 – 48.629048903372 —
– —
186.03 – 1784214000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –