USD/JPY – 1H – BUYFurthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).
Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 148.27600 |
| 2nd High | 145.92000 |
| Next High | 144.27200 |
| Current Price | 143.92000 |
| Next Low | 142.90100 |
| 2nd Low | 142.35100 |
| 3rd Low | 141.96400 |
144.27200 – 145.92000 – 143.15200 – 142.90100 – 142.35100 – 143.53600
Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji