EUR/JPY – 30M – BUY

The currency pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at will continue.

Caution: A possible counter-trend in the direction of the support level at 179.598 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Furthermore a ‘Northern Doji’ candle 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

180.018 – 180.014 – 179.714 – 179.598 – 179.346 – 179.26 —
180.05700 – 180.06900 —
54.810016155011 – 45.929057228949 —
– —
180.01800 – 1763431200

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