USD/JPY – 1H – BUY

The currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline up.

A continuation of the uptrend upwards to the next resistance line at 159.452 will persist.

Caution: A possible change in the direction of the support level at 158.1 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘StochRSI Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

And also a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

159.452 – 158.202 – 157.069 – 158.1 – 158.578 – 157.514 —
158.60100 – 158.55800 —
51.306919007457 – 48.441327641564 —
– —
159.45200 – 1768359600

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