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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 = 82.98 indicates that one Canadian Dollar can buy 82.98 Japanese Yens.
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Hello Traders
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
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CADJPY suggests that the rally from August 25, 2019 low ended 5 waves as a Leading diagonal structure at 84.57 high. Down from there, the pair is correcting that cycle in wave (B) pullback. The internals of that pullback is unfolding as a zigzag structure where wave ((i)) ended at 83.89 low. Wave ((ii)) ended at 84.35 high, wave ((iii)) ended at 83.58 low, wave ((iv)) ended at 83.92 high, wave ((v)) ended at 83.05 low & thus completed wave A lower.
Up from there, wave B bounce has ended at 83.56 high. Below from there, wave C remains in progress as another 5 wave structure. Looking to extend lower towards 82.02-81.05 100%-161.8% Fibonacci extension area of A-B. And should provide an opportunity for bulls to take control again looking for (C) leg higher ideally or for 3 wave reaction higher at least. We prefer a more intraday weakness against 83.56 high. Therefore, bounces should get fail in 3, 7 or 11 swings. While swing traders can be waiting to appear again as soon as the price reaches the 82.02-81.05 area to the downside to going long the pair again.
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CAD/JPY
82.876+0.1880(+0.2273%)
08:34:48(GMT)|Real-Time Data, Quoted in JPY
Open
82.688
Day's Range
82.683 - 83.036
Class
Currencies
Bid/Ask
82.874/82.878
Symbol
CADJPY
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GBP/AUD is stronger then GBP/USD for the last few weeks. It is mainly due to AUD weakness. If the price drops to 1.9050-80 zone look for bullish patterns as the price might reject from the zone. Targets are 1.9250 and 1.9350. Have in mind that the GBP/AUD is a volatile pair as the ATR(5) is 131 pips. We might see big intraday swings so be ready.
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Winning signals - Profit signals.
Today Target Pair - CAD/JPY
Today main profit zone .
83.20 - 83.47 - 83.89
Today main support zone.
81.81 - 82.09 - 82.50
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 82.85
This currency name - CAD/JPY
Resistance and Target - 83.01
Support and Stop Loss - 82.69
Always follow Long time frame market trend.
Signal is Sell.
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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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Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
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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