The currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 156.798 will continue.
Caution: A possible trend reversal in the direction of the support zone at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
In addition a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.295 |
| 2nd High | 156.803 |
| Next High | 156.798 |
| Current Price | 156.71000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
156.798 – 156.803 – 156.746 – 156.361 – 156.293 – 156.16 —
156.79500 – 156.72900 —
60.809953137701 – 48.194910495692 —
– —
156.79800 – 1767808800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –