Cad/Jpy

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.

Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.

Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators.

Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time.

Cadjpy
canadian dollar / japanese yen
81.610
jpy
−0.268 (−0.33%)
market open (dec 03 12:28 utc-5)
81.878
prev
81.878
open
121.431k
volume
81.516 — 82.126

After analyzing the market of this pair CAD/JPY it shows that the trend is STRONG SELL

Current Rate is 81.62

According to my analysis the resistance and support will be as

1) Resistance : 81.80
2) Resistance : 82.00
3) Resistance : 82.22

*********************************

1) Support : 81.47
2) Support : 81.35
3) Support : 81.20

BEST OF LUCK...

CAD/JPY EXCHANGE RATE

CAD/JPY is the abbreviation for the Canadian Dollar and

Japanese Yen pair. It shows how much the CAD (base

currency) is worth as measured against the JPY (counter

currency). For example, CAD/JPY = 82.98 indicates that

one Canadian Dollar can buy 82.98 Japanese Yens.

Forex Forecast with price level
CAD/JPY - pair in focus.
Current Price - 81.69
main support level - 81.53
main resistance level - 81.88
Pair likely to be in Sell today.

currency pair : CADJPY
kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai , halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh. I predict this pair have bullish direction . I suggest to take LONG 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. I would recommend you trade twice after you show disturbed emotions and trade only 1 time with a cool and calm mind.

technical analysis for CADJPY
current price very is potential to fly again. this pair price already touched daily resistance level 1 and above trend line. Now the price try to move Upward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Buy position today. pivot point will be first target . after that price maybe can go to first resistance . stop loss area around support 1 level
Recomend Today = Bullish Trend 75%
ye pair abi strong resistance or fibo level zero par hai. agar ye es resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think of making more money by taking high risks, and take low risk with high profit strategies.

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
Ya phir 3 to 4 years ka experience. Hamary jasy new comers to bus yahan loss khany he aaty hain. in pair ke movement bohat fast ha . Or jasy k apko pata ha. chances of losses bohat hain. we need skills and abilities with good trading. many factors must be traded under our control. . technical trading strategies must be planned and supported by good management to be able to generate profits.

CAD/JPY - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
81.30 - 81.42 - 81.53
Resistance 1 - Resistance 2 - Resistance 3.
81.75 - 81.86 - 81.97
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.