Cad/Jpy

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.

my dear sir today of my tachnical analysis for this cad jpy sell to bearish trands strong

1 Resistance :84.61

2 Resistance :82.64

3 Resistance :81.42

1 Supporting :80.63

2 Supporting :79.45

3 Supporting :78.69

Cad/Jpy > BULLISH

PIVOT POINT > 83.40

S1 > 83.19

S2 > 83.06

S3 > 82.85

R1 > 83.62

R2 > 83.75

R3 > 83.96

i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
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


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Pivot, Resistance Levels and Support Levels for CAD / JPY
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 87.321
Resistance Level (R2): 86.509
Resistance Level (R1): 85.140
Pivot Point: 84.328
Support Level (S1): 82.958
Support Level (S2): 82.147
Support Level (S3): 80.777

CADJPY

Today Market Trend Is Bullish

Pivot Point 83.40

1 Supporting 83.17
2 Supporting 83.07
3 Supporting 82.87

1 Resistance 83.63
2 Resistance 83.77
3 Resistance 83.97

CAD/JPY > Bullish

Pivot Point 83.40

x Supporting 83.43
y Supporting 83.27
z Supporting 82.88

x Resistance 83.83
y Resistance 83.79
z Resistance 83.98

Today's my technical over view of the market for the trend of this pairs Cad/Jpy

according to market technical analysis the market have sell trend
the market trend could remain in this position
expected resistance and support levels
market price ----------83.71

The resistance level as under.

First- Resistance level----------85.30
Second- Resistance level----------87.10
Third- Resistance level----------88.20

The supporting level is as under.

First- Support level-------------82.60
Second- Support level-------------81.50
Third- Support level-------------79.70

Cadjpy

canadian dollar / japanese yen
83.713
jpy
+0.392 (+0.47%)
market open (dec 31 14:01 utc-5)
83.321
prev
83.321
open
60.54k
volume
83.220 — 83.916

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.