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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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AD JPY (Canadian Dollar / Japanese Yen)
The Canadian Dollar vs. the Japanese Yen. When a trader is unsure about trading the US Dollar, the CADJPY is often determined to be a suitable replacement. However, the historically higher yield of the Canadian dollar in the past has made the CADJPY more sensitive to market wide sentiment changes than the USDJPY. Also, Canada’s large amount of energy exports, most notable oil, causes it to be affected by crude oil prices.
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CAD/JPY - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
82.89 - 82.97 - 83.03
Resistance 1 - Resistance 2 - Resistance 3.
83.16 - 83.25 - 83.30
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
CAD/JPY 1H Chart: Bulls likely to prevail
The Canadian Dollar has been appreciating against the Japanese Yen since he beginning of December after the CAD/JPY currency pair reversed north from the upper boundary of the long-term ascending channel at 81.80.
Currently, the exchange rate is testing the resistance level formed by the monthly R1 at 83.35. From a theoretical point of view, it is likely that some upside potential could continue to prevail in the market, and the rate could reach the monthly R2 at 84.14.
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Today Market analysis and trend:sell
Current price , Previous price
And
Resistance points , Support points given is message about market don
All famous indicators:
Bollinger band
Parabolic sar
RSI
And
Moving average
Given are sell signals about market don so could the trading of sell
If you want become Successful Trader In Forex so could the hardwork and get a knowledge and experience about forex trading
arabolic indicators show 88.9% Bearish trend and some others
indicators also shows Bearish trend so this pair is strong Sell..
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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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Market exchanging sign rely upon a pointers
Resistance points and Support points of market goes down.
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit.
As this pair we know that .Big movement of every pair also because of news. News of donald trump is most important. About USA and Chaina trades...
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
?•°And also Use MACD trend analysis..?•°
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CADJPY Trend is buy
1 Resistance :83.32
2 Resistance :83.38
3 Resistance :83.48
1 Supporting :83.12
2 Supporting :83.06
3 Supporting :82.96
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Cad/Jpy
Today Target Pair - CAD/JPY
Today main profit zone .
83.36 - 83.48 - 83.62
Today main support zone.
82.83 - 82.96 - 83.09
Follow my trades with risk management in mind.
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Weekly trending upwards - Lagging span above cloud - Future cloud bullish
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today