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CAD/JPY - Live Rate, Forecast, News and Analysis - DailyFX
Canadian Dollar - Japanese Yen Chart. ... The cross between the Canadian Dollar and the Japanese Yen is seen as a strong substitute for the USD/JPY pair when a trader is wary of trading the US Dollar. However, CAD/JPY is historically more sensitive to changes in market-wide sentiment ...
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cad jp
What Is a Spot Market?
A spot market is any market that deals in the current price of a financial instrument. Futures markets, such as the Chicago Board of Trade, offer commodity contracts whose delivery date may span several months into the future. Settlement of FOREX spot transactions usually occurs within two business
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We can test the resistance. This analysis is mostly for those who hold Gold on a gram Turkish Lira basis. On weekly chart (1W) , Long signal observed : It may be less risky in the following parameters. But my conviction is that the declines should be average lowered. Even if I don't think of sales, let's give the.
We can open Buy after the breakout and pullback to the Support/Resistance Zone. The trend is bullish now, that's why it's a huge chance the price will continue to rise. Potential ..
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bullish trend can continue today, now current price at 84.80 and strong support at level 84.60 in hourly time frame. there is possible chance CadJpy price will move to up side. then next high price is 85.30
esistance levels: R1: $85.25 R2: $85.45 R3: $85.65.
Support levels: S1: $84.85 S2: $84.65 S3: $84.45.
I suggest to entry buy with stoploss at 84.50 and take profit at 85.30
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Cadjpy
canadian dollar / japanese yen
82.841
jpy
−0.242 (−0.29%)
market open (feb 13 11:10 utc-5)
83.083
prev
83.083
open
105.695k
volume
82.633 — 83.085
day's range
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Cadjpy
canadian dollar / japanese yen
82.841
jpy
−0.242 (−0.29%)
market open (feb 13 11:13 utc-5)
83.083
prev
83.083
open
105.949k
volume
82.633 — 83.085
day's range
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Trading recommendations: Buy : 85.10 Take profit: 85.55 Buy 85.60 Take profit: 85.95
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 positionsResistance level one is. 85.270
Resistance level two is. 85.275
Resistance level three is. 85.280
Supporting level one is . 85.253
Supporting level two is. 85.248
Trading recommendations: Sell: 85.90 Take profit: 85.65 Sell: 85.60 Take profit: 85.15.
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Forex is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.
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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Forex Forecast with price level
CAD/JPY - pair in focus.
Current Price - 82.79
main support level - 82.71
main resistance level - 82.87
Pair likely to be in Sell today.