USD/JPY – 30M – BUYThe combination US Dollar/Japanese Yen (USD/JPY) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 159.223 will continue.
Caution: A possible trend reversal in the direction of the support level at 157.375 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 159.452 |
| Next High | 159.223 |
| Current Price | 158.00200 |
| Next Low | 157.375 |
| 2nd Low | 156.898 |
| 3rd Low | 156.449 |
157.899 – 157.847 – 157.41 – 157.375 – 156.898 – 156.449 —
157.89000 – 158.00300 —
61.404992410526 – 55.529423376732 —
– —
157.899 – 1772784000
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –