EUR/JPY – 30M – SELL

The pair Euro/Japanese Yen (EUR/JPY) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 183.00600 will persist.

Caution: A possible change in the direction of the resistance level at 183.381 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

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

183.381 – 183.607 – 183.643 – 183.00600 – 183.009 – 182.807 —
183.05600 – 183.35200 —
38.708356850023 – 60.516963017178 —
183.00600 – 1767744000 —
183.38100 – 1767729600

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