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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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Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level 35 pips from current price
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Money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be careful.
If you want become Successful Trader In Forex so could the hard work and get a knowledge and experience about forex trading.
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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 indicates that one Canadian Dollar can buy Japanese Yens.
CAD/JPY
0.03400 (0.04%)
83.66 70 0 / 00 0
High 83.84 Low 83.39
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CADJPY
1 Resistance :84.65
2 Resistance :82.67
3 Resistance :81.45
1 Supporting :80.65
2 Supporting :79.47
3 Supporting :78.67
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Daily market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain goof and huge profit I thing keep in mind use money manage and always use stop loss and take profit.
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CADJPY is buy
1 Resistance :84.67
2 Resistance :82.69
3 Resistance :81.45
1 Supporting :80.65
2 Supporting :79.41
3 Supporting :78.63
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Today Market analysis and trend:ßuy
Current price , Previous price
And
Resistance points , Support points given is message about market up
All famous indicators:
Bollinger band
Parabolic sar
RSI
And
Moving average
Given are strong signals about market up so could the trading of ßuy
If you want become Successful Trader In Forex so could the hardwork and get a knowledge and experience about forex trading
arabolic indicators show 89.9% strong bullish trend and some other
indicators also shows bullish trend so this pair is strong buy...
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However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.
my opinion if we are using the indicators for indication the future of market if we have good knowledge of that indicator we are using on our trade then we have to use that indicator but mostly if you go on Forex chat you can do your technical analysis very well from the chart in my opinion and my analysis gbpusd is moving upward because US dollar is going weak
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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 83.52
major high levels also known as resistance - 83.69
