USD/JPY – 4H – BUY

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

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

Moreover a ‘Bullish Engulfing’ candle pattern is existing. The chart shows ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

156.727 – 157.76 – 156.952 – 155.743 – 155.552 – 154.392 —
157.24700 – 156.50100 —
63.622629063209 – 45.308313955652 —
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156.72700 – 1766764800

Trading Signals: FOREX – USD – USD/JPY – JPY – Bullish Engulfing – – – – – – – – –