Jpyusdshort
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007332
TP: 0.007126
SL: 0.007514
Bias: Short
Though the price pattern is showing a low volatile ranging condition, there is a possibility of entering a short opportunity. Our decision is purely guided by historical price action study. So any major fundamental factor can have a massive influence to break out of this zone.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007434
TP: 0.007192
SL: 0.007643
Bias: Short
The way is clear that the price level will go down further creating a better selling opportunity. It is difficult at this situation to keep pace with dollar and therefore the major bias will be bearish and which will have some promise to create some short opportunities.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007721
TP: 0.007518
SL: 0.007857
Bias: Short
The current price projection for this instrument is showing a bearish bias and that is the reason we anticipate a high probability selling setup from the current context. Though it is an obvious sell signal, trade should be placed with proper caution.
JPYUSD Short Time Frame: 4H
Symbol: JPYUSD
Entry: 0.007856
TP: 0.007563
SL: 0.008099
Bias: Short
As we see the current price structure of this pair is gaining some bullish strength which is waiting to culminate in a short opportunity. This sudden surge will not sustain and it will come back to it's established direction.