Bullish bias in USDJPY
USDJPY
USDJPY last printed 157.85 on the hourly chart. The trend is the latest 48 closes, through the current bar. Over that period price moved -0.30 %.
History turned up 13 similar trends that did not overlap. 10 closed bullish 20 hours later and 3 closed bearish. 77 % closed higher, a bullish bias strong enough for a note.
The average advance on the bullish closes was 0.27 %. The average decline on the bearish closes was -0.76 %. Across the whole set, the average move 20 hours later was 0.03 %.
13 prior trends is a thin history. The bullish bias is visible, and it still describes only those cases.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| USDJPY | 157.85 | -0.30 % | 13 | 10 | 3 | 0.03 % |
This is not financial advice. It is an indicator based on statistics from historical data.