Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. 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 signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 153.498554 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 153.753 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.651 |
| 2nd High | 153.755 |
| Next High | 153.753 |
| Current Price | 153.39800 |
| Next Low | 152.698 |
| 2nd Low | 152.564 |
| 3rd Low | 152.361 |
153.753 – 153.568 – 153.634 – 152.698 – 153.251 – 152.564 —
152.94200 – 153.14300 —
41.229252469393 – 50.68190356934 —
– —
153.753 – 1771291800
Trading Signals: FOREX – USD – USD/JPY – JPY – Three White Soldiers – – – – – – – – –