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the down trend will be assured and the pair might head to 124.60 and then 124.20 only a weekly close below 125.00 would delay and give reason for concern, while a daily close back above 128.00 confirms bias and should accelerate while a breach above 125.65 with daily closing may delay achieving the awaited targets.
Cad/Jpy
Resistance level
1.Resistance level 84.561
2.Resistance level 82.644
3.Resistance level 81.452
Supporting level
1.Supporting level 79.445
2.Supporting level 78.627
3.Supporting level 77.929
Cad jpy . .
My observation to this pair by looking trend in markeet .
It has bullish trend at searching the parabolic sar m15 .
It seems to be looking that movement show us bearish way but Macad s position show us it can move more up at next term.MA 200 called buy option .
My opinion is allso buy it .so take care .Thanks . .
Cadjpy
canadian dollar / japanese yen
82.044
*
jpy
*
−0.014*(−0.02%)
market open*(nov 01 10:32 utc-4)
82.058
prev
82.058
open
92.817k
volume
81.918*—*82.167
day's range
Cadjpy
canadian dollar / japanese yen
82.314
jpy
+0.256 (+0.31%)
market open (nov 01 12:43 utc-4)
82.058
prev
82.058
open
117.003k
volume
81.918 — 82.328
day's range
On the downside, however, break of 0.8610/42 support zone will has medium term bearish implication and should bring deeper fall to 0.8284/8355 support zone first.
If a M15 close below 0.8700 sell only and do not buy. If price closes back above it again do nothingPair is still in bullish moment but top have to be near.
So small SELL order now and will add more SELLs higher.
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 82.32
This currency name - CAD/JPY
Resistance and Target - 82.40
Support and Stop Loss - 82.24
Always follow Long time frame market trend.
Signal is Sell.
Cad/Jpy
Resistance level
Resistance level 1.84.561
Resistance level 2.82.644
Resistance level 3.81.452
Supporting level
Supporting level 1.79.445
Supporting level 2.78.627
Supporting level 3.77.929
Forex Forecast with price level
CAD/JPY - pair in focus.
Current Price - 82.33
main support level - 82.23
main resistance level - 82.44
Pair likely to be in Sell today.
Cadjpy
canadian dollar / japanese yen
82.044
*
jpy
*
−0.014*(−0.02%)
market open*(nov 01 10:32 utc-4)
82.058
prev
82.058
open
92.817k
volume
81.918*—*82.167
day's range