JPYUSD LongTime Frame: 4H
Symbol: JPYUSD
Entry: 0.008703
TP: 0.008922
SL: 0.008643
Bias: long
This pair is gaining some strength against its pairing currency. However, the trend is not very strong. We can expect a short term bullish trade but in the long game we have to keep eyes on fundamental metrics to determine trends.
Jpyusdlong
JPYUSD LongTime Frame: 4H
Symbol: JPYUSD
Entry: 0.008642
TP: 0.008716
SL: 0.008584
Bias: Long
The price is now loitering at the support level. A reversal of the current price pattern may occur resulting in a long trade. Our technical studies show a bearish pattern but in most of the case, the current price level is over sold and therefore a bullish expectation is obvious.
JPYUSD LongTime Frame: 4H
Symbol: JPYUSD
Entry: 0.008650
TP: 0.008755
SL: 0.008583
Bias: Long
For JPYUSD our bias is long. As the major trend is downward and the selling pressure is high too. Any trade against the major trend should be short term . Given the current context and volatility in place, we can go for a long trade .
JPYUSD Longtime Frame: 4H
Symbol: JPYUSD
Entry: 0.008739
T.P: 0.008816
S.L: 0.008675
Bias: Long
The instrument is showing an uptrend and the bias is strong for a bullish move. Though the path for any currency is never smooth, when timing gets accurate and we can trigger and detect the right opportunity, the trade goes in our favor.