EUR/JPY – 1H – BUY

Besides a ‘Double bottom chart pattern’ chart formation is discovered. The chart shows ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to go up.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘RSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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).

180.018 – 179.968 – 178.741 – 179.598 – 178.97 – 177.733 —
179.93300 – 180.10800 —
52.035852213181 – 49.266550344852 —
– —
180.01800 – 1763431200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Double bottom chart pattern – – – –