The currency pair US Dollar/Japanese Yen (USD/JPY) moves from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 159.52800 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.
Then a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.028 |
| 2nd High | 159.856 |
| Next High | 159.52800 |
| Current Price | 158.90400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
159.52800 – 159.856 – 160.028 – 157.884 – 158.271 – 157.504 —
159.52800 – 159.02300 —
50.889651750254 – 48.733752272794 —
159.52800 – 1776412800 —
– 1776412800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –