The combination US Dollar/Japanese Yen (USD/JPY) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 153.534 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 152.677 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.
In addition a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘RSI Hidden Bullish Divergence’. which could be a positive chart signal. The currency pair could go up.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.875 |
| 2nd High | 154.042 |
| Next High | 153.534 |
| Current Price | 153.40200 |
| Next Low | 152.677 |
| 2nd Low | 152.277 |
| 3rd Low | 152.093 |
153.534 – 154.042 – 153.064 – 152.677 – 152.763 – 152.277 —
153.12700 – 153.03500 —
48.252387595063 – 41.6258905079 —
– —
153.53400 – 1769691600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –