AUD/JPY – 1H – BUYIn addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.30700 |
| 2nd High | 93.56100 |
| Next High | 93.54400 |
| Current Price | 93.23400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
93.54400 – 93.33600 – 93.56100 – 92.21400 – 92.11000 – 92.84100
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji