GBP/JPY – 30M – BUYNext a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Next a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. this 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 211.414 |
| 2nd High | 211.155 |
| Next High | 211.043 |
| Current Price | 210.88400 |
| Next Low | 210.539 |
| 2nd Low | 210.296 |
| 3rd Low | 210.251 |
211.043 – 211.155 – 211.414 – 210.539 – 210.296 – 210.796 —
210.87900 – 210.83800 —
54.982137494657 – 49.954131560586 —
– —
211.04300 – 1767893400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji – – – – – – – – –