EUR/JPY – 30M – BUY

The pair Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 180.288 is certain.

Caution: A possible counter-trend in the direction of the support level at 179.78 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

In addition a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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).

180.288 – 180.018 – 180.014 – 179.78 – 179.598 – 179.346 —
180.17000 – 179.88700 —
53.876365593461 – 37.796241240861 —
– —
180.28800 – 1763496000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – – – – –