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It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.
In the 1day chart, we see the stoch(5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bbands still has to bounced the lower side to be able to reverse.
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CAD/JPY
The price of this pair is continuesly in the down trend direction,its represent that the price of this pair is going to be lower seccion momentum today.
If it will break the last support today at the point of 80.47 and making a pull back then the conditions on there it will be gone these values are happining,if this is breakout the next resistance 81.56 level then it will falling to the 81.45 and more down today for my indicates of this pairs.
The RSI is still on SELL
StDev on SELL direction.
Parabolic Sar is also in the down trend signal.
Agrassive retracement showing that the bollinger bands due to 2 green lines is going on selling.
My advice for traders fallow the main indicators of RSI stdDev channel and fibonacci retracement which can be telling the pairs movements.
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Cad/Jpy today analysis
1. Resistance Level: 85.83
2. Resistance Level: 86.09
3. Resistance Level: 86.23
1. Supporting Level: 85.45
2. Supporting Level: 85.30
3. Supporting Level: 85.04
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CADJPY Today Prediction
Strategy: BUY, stop loss at 83.00, take profit at 84.50.
Resistance levels: 84.50 , 85.00, and 85.30.
Support levels: 83.00 , 82.70, and 82.40.
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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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It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.
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CadJpy bullish trend can continue today, now current price at 84.95 and strong support at level 84.75 in hourly time frame. there is possible chance CadJpy price will move to up side. then next high price is 85.50
I suggest to entry buy with stoploss at 84.60 and take profit at 85.50
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CadJpy bullish trend can continue today, now current price at 84.95 and strong support at level 84.75 in hourly time frame. there is possible chance CadJpy price will move to up side. then next high price is 85.50
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CADJPY Trend is BUY
1 Resistance : 81.59
2 Resistance : 81.63
3 Resistance : 81.68
1 Supporting : 81.50
2 Supporting : 81.43
3 Supporting : 81.35
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cadjpy aik acha pair hay aur agar apko es pair ki smjh hay to phr ap es pay trade ker skty hain aur pako krni bhi chaihiay agar apko es pay grip nahian hay to phr ap ko es say door hi rhna chahiay kun k yeh jab move kerta hay to phr waps ni ata
