USD/JPY – 30M – SELL

The currency pair US Dollar/Japanese Yen (USD/JPY) jumps from the bullish trendline downwards

The bearish trend down to the next support level at is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 158.899 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 157.674 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 158.899 should be noted.
Consider stop-loss settings accordingly.

158.899 – 158.087 – 157.899 – 157.386 – 157.375 – 156.898 —
158.47400 – 158.44900 —
51.303401307128 – 48.201097014733 —
– —
158.899 – 1773037800

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