USD/JPY – 30M – BUYBesides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
Besides a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.186 |
| 2nd High | 156.981 |
| Next High | 156.371 |
| Current Price | 156.39800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
156.371 – 156.981 – 157.186 – 155.65100 – 155.8 – 156.554 —
155.85400 – 156.19400 —
41.903688579799 – 49.362659130245 —
155.65100 – 1764131400 —
156.37100 – 1764126000
Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – – – – – – – – –