Log in

The situation remains uncertain

15 April 2016, USD/JPY

The US dollar continued its leisurely rise against the Japanese currency.

Probably, it is boosted by the wave iv of [v].

We still can not see the entry points to open positions, because it is not clear whether this kind of leisurely growth will continue or the price will resume its downward movement in the framework of the wave [v] of downward momentum.

That's why I would not recommend trading with this pair.

It is better to wait when the situation gets more or less clear, and then consider options for buy or sell.

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.