The pair Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 184.429 will continue.
Caution: A possible trend reversal in the direction of support at could happen.
Consider stop-loss settings accordingly.
There is also 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 currency pair is likely to rise.
There is also a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.
There is also a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. which could be a positive chart signal. The currency pair is likely to rise.
There is also a ‘StochOSC Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘StochOSC Hidden Bullish Divergence’. which could be a positive chart signal. The currency pair is likely to rise.
There is also a ‘Three Outside Up’ candlestick pattern is existing. The candles show ‘Three Outside Up’. 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 chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.653 |
| 2nd High | 184.457 |
| Next High | 184.429 |
| Current Price | 184.46200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
184.429 – 184.457 – 184.435 – 184.197 – 183.604 – 183.991 —
184.36200 – 184.35400 —
50.677785132929 – 49.236457224616 —
– —
184.429 – 1775534400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Up – – – – – – – – –