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The cross between the Canadian Dollar and the Japanese Yen is seen as a strong substitute for the USD/JPY pair when a trader is wary of trading the US Dollar. However, CAD/JPY is historically more sensitive to changes in market-wide sentiment than USD/JPY due to the historically higher yield attached to the Canadian Dollar. Further, the 'Loonie' - as the Canadian Dollar is known - is affected by oil prices because of Canada's energy exports.PIVOT POINTS
P
82.97
S3
81.83
S2
82.4
S1
82.76
R1
83.33
R2
83.54
R3
84.11
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Cad/jpy > BULLISH
PIVOT POINT > 82.94
S1 > 82.72
S2 > 82.59
S3 > 82.37
R1 > 83.15
R2 > 83.28
R3 > 83.50
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trading signal instrument : CADJPY
Chart : H1 & H4 timeframe
traders ke liya zarori hai ke buy or support ko follow karen
or market me buy yani nechey ki janab trade ko open kar lain sab
indicator market nechay ki janab he janay ka eshara day rahain hain
the market trend could remain in this position and I expected support resistance levels
use higher timeframe is very important because it always helps you to enter in the direction of current trend .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
I hope you can earn consistent profit from my signal, good luck and doing trade like a boss
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Hi traders
Today by checking the all previous routine of the chart and indicator I have come to know that today the market of cadjpy will move in upside so I suggested that today we should choose the option of buy for trading Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friends.. My all best wishes are with you..
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Cad/jpy > BULLISH
PIVOT POINT > 82.94
1 Support 82.72
2 Support 82.59
3 Support 82.37
1 Resistance 83.15
2 Resistance 83.28
3 Resistance 83.50
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Pivot points83.03
Resistance 1=83.05
Resistance 2=83.09
Resistance 3=
83.10
Support 1=82.99
Support 2=82.97
Support 3=`82.93
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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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CADJPY Trend is sell
1 Resistance :84.65
2 Resistance :82.69
3 Resistance :81.41
1 Supporting :80.62
2 Supporting :79.43
3 Supporting :78.67
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Forex Forecast with price level
CAD/JPY - pair in focus.
Current Price - 83.04
main support level - 82.95
main resistance level - 83.12
Pair likely to be in Sell today.
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CAD/JPY
83.035+0.1040(+0.1254%)
06:07:50(GMT)|Real-Time Data, Quoted in JPY
Open
82.931
Day's Range
82.922 - 83.174
Class
Currencies
Bid/Ask
83.033/83.037