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Today market trend Sell.This is a simple trend-continuation strategy. Price has retested a S/R level , which coincides with the 0.382 Fibonacci retracement level. Conservative traders may want to increase the SL to contain possible fake spikes down. This is a fairly good low risk long set-up for this pair.
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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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Cadjpy
canadian dollar / japanese yen
83.010
jpy
+0.129 (+0.16%)
market closed (dec 13 16:59 utc-5)
82.881
prev
82.881
open
180.261k
volume
82.712 — 83.383
day's range
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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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predictions for the day.
trading is risky if no analysis is done
CAD/JPY - is the currency pair we will be focusing on
major low levels also known as supports 82.80
major high levels also known as resistance - 82.94
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83.010
jpy
+0.129 (+0.16%)
market closed (dec 13 16:59 utc-5)
82.881
prev
82.881
open
180.261k
volume
82.712 — 83.383
day's range
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Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit hasil karna chahte hain to sell ki trade laga dein
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Cad/Jpy
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
Hi traders well to night way .
My observation to this
By looking trend at frame m30 show us bull type .here I use my sclapping strategy by searching the parabolic sar position its moving average is strong ways .I think it can be buy at looking position MAcads value .
Ma 200. ,
MAcads positions buy ,
Money management is first step to trade Thanks .
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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.