EUR/JPY – 30M – BUYAdditionally 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 scenario. The pair is likely to go up.
Additionally a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.80100 |
| 2nd High | 162.66700 |
| Next High | 162.31500 |
| Current Price | 161.89000 |
| Next Low | 160.97900 |
| 2nd Low | 160.94900 |
| 3rd Low | 160.86400 |
162.31500 – 162.66700 – 162.15700 – 160.97900 – 161.77200 – 161.54600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji