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Dear i.forex members Good morning
CAD.JPY
On this Day i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 83.85
This currency name - CAD/JPY
Resistance and Target - 83.92
Support and Stop Loss - 83.78
Always follow Long time frame market trend.
Signal is Sell.
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CAD/JPY - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
83.59 - 83.71 - 83.78
Resistance 1 - Resistance 2 - Resistance 3.
83.96 - 84.07 - 84.14
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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I think this pair will go down. So don't forget to put stop losses.
good luck
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CADJPY looking solid for a short, this zone is very strong and should hold for at least 70-80 pips. I will set my first take profit at 83.150 and second one at 82.700. Since the zone is very strong and respected we can use a tight SL at 84.150. R to R = 4to1
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current price very is potential to fly again. this pair price already touched daily resistance level 1 and above trend line. Now the price try to move Upward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Buy position today. pivot point will be first target . after that price maybe can go to first resistance . stop loss area around support 1 level
Recomend Today = Bullish Trend 85%
ye pair abi strong resistance or fibo level zero par hai. agar ye es resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think of making more money by taking high risks, and take low risk with high profit strategies.
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trading signal today : Bearish
chart : H1 & H4 timeframe
traders ke liya zarori hai ke SELL or support ko follow karen or market me sell yani nechey ki janab trade ko open kar lain sab. indicator market nechay ki janab he janay ka eshara day rahain hain. the market trend could remain in this position and I expected support resistance levels.use higher timeframe is very important because it always helps you to enter in the direction of current trend .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. to get consistent profits we must have a good strategy, many of the strategies we use but must match your trading style.
you also need to have emotional control, and good money management.I hope you can earn consistent profit from my signal, good luck and doing trade like a boss
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Today Market Trend is =Buy
Current position and previous position indicate the market going up
Support or resistance point be market k up honey ka ishara day raha hai
Is liya ham ko buy ki Trade laga dani chahiye
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my dear sir today of my tachnical analysis for this cadchf sell to bearish trand strong,,,,
1 Resistance :84.61
2 Resistance :82.62
3 Resistance :81.48
1 Supporting :80.64
2 Supporting :79.47
3 Supporting :78.63
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CAD/JPY has been on consolidation after being very bullish on the daily chart. The last day’s candle came out as a doji candle closing within a flipped support. If today’s candle comes out as a bullish engulfing candle, the price may head towards the North and makes a new higher high. Major intraday charts’ price action has been bullish as well. Thus, the buyers may control the pair for a few days come.
