GBP/JPY – 30M – BUYAlso there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.96900 |
| 2nd High | 195.76700 |
| Next High | 193.74200 |
| Current Price | 192.56900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
193.74200 – 193.45100 – 190.87000 – 191.46900 – 192.81500 – 190.33200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji