cad/jpy Technical analysis
Resistance
1---Resistance 85.20
2---Resistance 85.31
3---Resistance 85.45
Supporting
1---Support 85.06
2---Support 84.95
3---Support 84.87
cad/jpy Technical analysis
Resistance
1---Resistance 85.20
2---Resistance 85.31
3---Resistance 85.45
Supporting
1---Support 85.06
2---Support 84.95
3---Support 84.87
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cad/jpy Technical analysis
Resistance
1---Resistance 85.20
2---Resistance 85.32
3---Resistance 85.48
Supporting
1---Support 85.06
2---Support 84.95
3---Support 84.80
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Cad/Jpy not cross the up price level 82.50, it means that Cad/Jpy pair today in selling and i recommend that trader place the sell in Cad/Jpy 82.00 - 82.50 and use of take profit at 80 to 120 pips point mean use tp at 81.00 - 80.70 and use stop loss price 82.50, I recommend today place sell order in Cad/Jpy and make good earning profit in Cad/Jpy pair trade positions.
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here is a very strong correlation between the CAD / JPY and the USD / JPY as the pair move in almost the same direction. The Canadian dollar against the Japanese yen managed to reach its lowest level since 2012, supported by a rise in demand for the Japanese yen as a safe haven.The price formed a descending channel which started to form since October 2014
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CadJpy bullish trend can continue today, now current price at 85.30 and strong support at level 85.10 in hourly time frame. there is possible chance CadJpy price will move to up side. then next high price is 85.80
I suggest to entry buy with stoploss at 85.00 and take profit at 85.80
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CAD...jpy
techncal analysis cad/jpy
this is a sensitive price rate.
the price cad/jpy buying point is 85.15 and the selling point 84.84
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Technical Analysis for CAD/JPY
Market Trend is : Bullish
Resistance Level are:-
1= Resistance Level is : 85.10
2= Resistance Level is : 85.36
3= Resistance Level is : 85.78
Supporting Level are:-
1= Supporting Level is : 84.65
2= Supporting Level is : 84.33
3= Supporting Level is : 84.02
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Today technical analysis of this pair cad/jpy is bullish trend.
1. Resistance level is...
1st. 84.92
2nd. 85.13
3rd. 85.29
2. supporting level is...
1st. 84.52
2nd. 84.38
3rd. 84.15
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