Jpyusdsignal
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 NeutralTime Frame: 4H
Symbol: JPYUSD
Bias: Neutral
It is self evident that if the momentum and volatility are absent in the market, there is little or no chance to make money positioning based on directional probability. The example is still valid for this instrument . We do not see any hope for the time being.