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hello my dear sir today of my tachnical analysis is bullish trend seems to be taking place on the
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side then next high price is move down
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Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
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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.
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Cad/jpy > BULLISH
PIVOT POINT > 82.71
S1 > 82.44
S2 > 82.27
S3 > 82.00
R1 > 82.98
R2 > 83.15
R3 > 83.42
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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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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.
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CADJPY Trend is sell
1 Resistance :84.68
2 Resistance :82.63
3 Resistance :81.47
1 Supporting :80.65
2 Supporting :79.49
3 Supporting :78.62
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Pivot Point is 0.6610
Trend is BUY
@1 Resistance : 0.6646
@2 Resistance : 0.6672
@3 Resistance : 0.6708
@1 Supporting : 0.6584
@2 Supporting : 0.6548
@3 Supporting : 0.6521
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Cadjpy
canadian dollar / japanese yen
83.293
jpy
+0.412 (+0.50%)
market open (dec 13 02:12 utc-5)
82.881
prev
82.881
open
55.539k
volume
82.801 — 83.316
day's range
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CAD/JPY
Trend is sell
© Resistance 84.69
© Resistance 82.65
© Resistance 81.49
© Supporting 80.68
© Supporting 79.51
© Supporting 78.67