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CADJPY pair seems showing signs heading downwards.
I think take Sell option is the best choice to making more profit in this market today.
the first target is the first support level,
after that this pair very potential go fall to the second support,
but we must careful because the market can move opposite in a short time
if my prediction does not match with market conditions,
we already have a plan B to get profits and minimize risk
use your capital wisely and avoid using too much risk because it can burn your trading account quickly.
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currency pair : CAD/JPY
Daily analysis
I predict this pair have bearish direction
the price is break Support and Trend Line and it is Falling Down with having the Short signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels
I suggest to take SHORT position today
time frame that is considered while making support and resistance levels - use Daily and Weekly time frame,
consider the daily economic news before taking the trade
money management is very effective for getting profits with stop loss and take profits method with current trading position.
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sift through the mud. Then again, who would determine the star rating? Wouldn't he be the person to ultimately listen to?
After reading several articles on the current Forex market situation, among several well known Forex web sites, you will discover that the market today is a great place to sell because we have not yet sufficiently tested the lows. You will also find that the market today is a great place to buy because the lows have held and are showing great support in this range.
Two sets of opinions based on the same gathered data, and neither contradicting the other's data. A weaker person would develop a nervous twitch from this confusion. Particularly when you consider the obvious – they're both right! So, does it come down to a coin toss?
No. The first mistake a Forex trader can make is to have a dead-set opinion and then search online for opinions supporting his pre-conceived notions. If anyone looks long enough and hard enough, they're going to find someone somewhere to agree with him. Taking that into account, the question still remains: Who do you listen to?
When it comes down to it, the person placing the order is going to be you, and you'll have to take full responsibility for the success or the lack of success, of the trade. But in a Forex market like the present one, where there are many mixed signals out there, it's nice to know you don't have to go it alone. It's just an opinion, after all. But an educated opinion, with a successful track record, is worth so much more than a flip of this.
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CADJPY Trend is SELL
1 Resistance : 81.20
2 Resistance : 81.32
3 Resistance : 81.52
1 Supporting : 80.80
2 Supporting : 80.68
3 Supporting : 80.48
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Cadjpy
canadian dollar / japanese yen
81.221
jpy
+0.146 (+0.18%)
market open (sep 24 04:47 utc-4)
81.075
prev
81.075
open
54.214k
volume
81.042 — 81.236
day's range
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results of analysis of using daily pivot point calculations for CAD-JPY
I see this pair still in strong bearish movement . If this pair keep moving to down side ,
I predict this pair will reach to the next support level, maybe this pair will make some correction to the next low level.
SELL position is better choice now, you can set target profit level 35 pips from current price
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Today Cad-Jpy market trend is sell
After doing fundamental analysis or technical analysis the market today sport
or resistence showing 51.22% trade in sell position
according indiactor zigzag 85% parabolic 58.33% and sport resistence
in time frame h1 and h4 market touch
resistence 1 level and again retrace down so i sajjust to open sell trade
and make huge profit so must use stoploss and take profit
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CAD/JPY is Bearish
@ Resistance 80.67
@ Resistance 79.31
@ Resistance 78.07
@ Supporting 77.23
@ Supporting 76.19
@ Supporting 75.13
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Cad/jpy
. I make my strategy to this pair by use the sclapping movemint .after searching the boilenger band it has bullish trend in my minde .
Moving average*
MACAD ,boilenger band .
Parabolic sar allso . . . . buy.
Current price is . . . . . . .*81.22
If you want profit please set the take profit & stop loss .*
. . . . Thanks . .
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Today market trend is sell
Cad-Jpy today my fundamental analysis
the pair price already touched daily support 2 level and above trend line.
Now the price try to move Downward.
I think the price may touch daily pivot point frokhat ki satah par hai .
so Sell 81.74%
the pivot point will be my target
stop loss will be down the support 1 level
Recomand Today Sell 11.87%
Note: Take Small Risk And Earn Dailly