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CAD/JPY market technical analysis
market trend is going bearish
market price = 82.66
Resistance levels
the market could break the first resistance at =82.66
the market could break the second resistance level at =82.52
the market could break the third resistance level at =82.42
Support levels
the market could break the first support levels at =82.53
the market could break the second support level at =82.41
the market could break the third support level at =82.30
this is my analysis for CADJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakdown of the resistance level at 82.39. and the pair will continue to go down to the next level level at 82.14
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 82.44. stop loss at the level 82.79. target take profit at the level 81.99
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
Resistance and supporting level is
pair is: Cad/Jpy
trend is: buy
1, Resistance is : 82.88
2, Resistance is : 82.99
3, Resistance is : 83.10
1, Supporting is : 82.64
2, Supporting is : 82.53
3, Supporting is : 82.42
Today's analysis for the pair Cad/jpy is:-
As per the current status of the pair its a bullish trend.
The following shows the support as:
Support1: 82.6
Support2: 82.67
Support3: 82.73
The following shows the resistance as:
Resistance1: 82.8
Resistance2: 82.83
Resistance3: 82.91
Daily overview for CadJpy
The price is finding the first support at 9 and the next support is at 9 The price is finding the first resistance at 9 and the next resistance is at 9
--- Trading recommendations for trading : Open Sell ---
I predict price will be continued falling today. The first target is the level 9 After fixing below the first target, then price will go to the level of 9 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
Standart Support – Resistance :
Currency pair is : Cad/Jpy
Trend is : buy
Resistance and supporting level of this pair is :
Resistance level of this pair is:
1# Resistance is: 82.86
2# Resistance is: 82.97
3# Resistance is: 83.06
Supporting level of this pair is :
1# Supporting is: 82.66
2# Supporting is: 82.56
3# Supporting is: 82.45
technical analysis of Cad/Jpy is buy
1.Resistance level is : 82.84
2.Resistance level is :82.91
3.Resistance level is : 82.99
1.Supporting level is : 82.62
2.Supporting level is : 82.53
3.Supporting level is :82.40
Cad/Jpy trend is buy
Resistance and Supporting level is:
Resistance 1:82.90
Resistance 2:83.06
Resistance 3:83.19
Supporting 1:82.61
Supporting 2:82.48
Supporting 3:82.32
Today cadjpy rate is 82.629
Today by checking the all routine of the chart I think that the most profitable next sell point will be 82.508
And today I think that the most profitable buy point will be 82.795
If you will follow me so you will get more money because I posted this after checking the market carefully Good luck my friend
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.