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Resistance and Support points also given has signal of market down
now it is at support 1 level and it will again movie upward for a while,but after touching its low point,
it will move downward so the bid about sell will be in favor of traders at this time.
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.
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CAD/JPY - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
81.63 - 81.70 - 81.78
Resistance 1 - Resistance 2 - Resistance 3.
81.93 - 82.00 - 82.08
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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Cad/Jpy
Resistance level
1.Resistance level 1.4869
2.Resistance level 1.4764
3.Resistance level 1.4702
Supporting level
1.Supporting level 1.4653
2.Supporting level 1.4595
3.Supporting level 1.4547
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Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
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Cadjpy
canadian dollar / japanese yen
81.962
jpy
+0.081 (+0.10%)
market open (nov 26 10:20 utc-5)
81.881
prev
81.881
open
91.042k
volume
81.764 — 82.101
day's range.
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CAD/JPY - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
81.63 - 81.70 - 81.78
Resistance 1 - Resistance 2 - Resistance 3.
81.93 - 82.00 - 82.08
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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Cadjpy
canadian dollar / japanese yen
82.149
jpy
+0.268 (+0.33%)
market open (nov 26 10:45 utc-5)
81.881
prev
81.881
open
107.703k
volume
81.764 — 82.186
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CAD/JPY - Live Rate, Forecast, News and Analysis - DailyFX
Canadian Dollar - Japanese Yen Chart. ... 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 ...
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Cadjpy:cur
cad-jpy x-rate
82.1410jpy+0.2310+0.28%
open
81.9090
prev close
81.9100
ytd return
2.15%
day range
81.767082.2030
52 week range
76.980086.2460
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Cad/Jpy
Aj ka market ka trend hy:sell
jahan tak Mere experience aur indicators ko dekhte hoye market down side ki tarf ja ri hai
aor market Hamain sell main trade profit de gi to hmain right direction milay gi
aor Hameaha apne good epxerience se trading karen aur acha profit hasil karen
Thanks .