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CadJpy 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
I suggest to entry buy with stoploss at 84.50 and take profit at 85.30
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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 than USD/JPY due to the historically higher yield attached to the Canadian Dollar. Further, the 'Loonie' - as the Canadian Dollar is known - is affected by oil prices because of Canada's energy exports.
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Cad/Jpy Analysis:
Trend: Bullish
Moving Average; Buy
Pivot Point :=: 83.43
S 1 :=: 83.38
S 3 :=: 83.16
R 1 :=: 83.47
R 2 :=: 83.74
R 3 :=: 83.96
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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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this is my analysis for CADJPY
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 the breakdown of the resistance level and this pair will continue to go down to the next lower level .
in my personal view this pair will be continue bullish trend, for intraday trading today
you can take entry SELL Order now, and target take profit around the support level
if market movement as my scenario, you can earn good profit and avoid much loss in your trading .
keep trade with discipline and patience.
remember..always trade in the direction of the current trend, because trend always your friend.
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Cad/Jpy pair now in selling pair touch the price 84.70 level and back to 84.12 and now trade on 84.25 it mean Cad/Jpy pair in selling pressure and i recommend for sell the Cad/Jpy prices 84.50, 84.70 and 85.00 with adjustment the take profit prices 83.60, 83.30 and 83.00 and set the stop loss prices 85.00 or 85.30.
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Warm words should be backed on the macro side, where our team see Chinese 4Q19 GDP (released Friday) beating the 6.0% consensus figure. In terms of US data, we’ll get updates on inflation, retail sales and industrial production.
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cad /jpy
Dears
I use my sclapping strategy to this pair by looking trend in market. Its movement at frame m30 by looking the boilenger band & its parabolic sar show us bullish way .it has strong buying position in market by MAcads looking position .
MA 200 show us. Buy option.
current price ,support & resistance level
Also show us this position .
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Today 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 good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
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Winning signals - Profit signals.
Today Target Pair - CAD/JPY
Today main profit zone .
84.10 - 84.79 - 85.29
Today main support zone.
81.73 - 82.41 - 82.91
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.