COSMOS4U AdMACD Indicator under 12, 14, 13, 13 parameters given by COSMOS4U technical analysis research department, generated a sell signal for USDJPY spot price in H1 timeframe (22 MAY 2019 05:00 AM UTC).
The short signal is strong because the crossover has taken place above the zero line, thus determining the prevailing market trend.
The moving average MA(6) hourly volume is above the MA(12) hourly volume, so the confirmation signal, given by COSMOS4U Volume Indicator, is strong. The difference between the Bull and Bear Volumes for the last 12 hours is bearish.
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