USD/JPY – 1H – SELLThere is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.
There is also a ‘Bearish Belt Hold’ candle chart pattern is found. The chart shows ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 144.07800 |
| 2nd High | 144.02700 |
| Next High | 143.89300 |
| Current Price | 142.30400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
143.89300 – 144.02700 – 143.57400 – 141.97200 – 142.27500 – 139.88400
Trading Signals: FOREX – USD – USD/JPY – JPY – Bearish Belt Hold