USD/JPY – 30M – BUY

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 158.347908 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 158.6 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

158.6 – 158.279 – 158.163 – 157.466 – 157.844 – 157.422 —
158.03500 – 157.98400 —
48.072780740597 – 50.000601931224 —
– —
158.60000 – 1768899600

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