Cad/Jpy

CADJPY trend is Bearish

Support (S1): 82.90
Support (S2): 82.43
Support (S3): 81.75

Resistance (R1): 84.13
Resistance (R2): 84.76
Resistance (R3): 85.31

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.

Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.

Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators.

Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time.

predictions for the day.
trading is risky if no analysis is done
CAD/JPY - is the currency pair we will be focusing on
major low levels also known as supports 83.17
major high levels also known as resistance - 83.45

Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level,
maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level
35 pips from current price
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krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta
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Currently near the 1.13 40 region. On the flip side, any meaningful full back now seems to find decent spot near 50% level, around the one. 110 Handel. 108 assembly and the lower end of the exceeding trend channel, around the 1.10 50 region. A sustained breakthrough the mentioned spot level might be seen as a key Trigger for their is trader and set the stage for a fallback towards challenging the ki 1.10 psychology kal mark.

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.

Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.

Hy, Helo
Me thek hon Guys ap kasy hain sab log.. umeed ha sab khariyat se hon gy . dosto ap sab log jasy k janty hain k forex
trading aj kal achi ni chal rhe ha . Us ke chand reasons hain. hat ak pair ak kal jasy b trade lagao loss me he
jaa raha ha . Or ya vala pair b aaj kal kuch khas profit ni dy raha pata ni asa q ho raha ha . Forex trading me
bus vohi log acha profit earn kr rahy hain jin logon ko market ka kuch experience ha ya jo isky technical
analysis samj sakty hain. Baki mery jasy to bus . Loss he me rehty hai .
Lakin me ap sab ko bus yahi kehna chahta hon. K please himat na haarna . Apna time ay ga . ..
forex trading me bus vohi log success hovy hain jo Emotional ni hoty.... So good luck and keep it up...

Hy, Helo
Me thek hon Guys ap kasy hain sab log.. umeed ha sab khariyat se hon gy . dosto ap sab log jasy k janty hain k forex
trading aj kal achi ni chal rhe ha . Us ke chand reasons hain. hat ak pair ak kal jasy b trade lagao loss me he
jaa raha ha . Or ya vala pair b aaj kal kuch khas profit ni dy raha pata ni asa q ho raha ha . Forex trading me
bus vohi log acha profit earn kr rahy hain jin logon ko market ka kuch experience ha ya jo isky technical
analysis samj sakty hain. Baki mery jasy to bus . Loss he me rehty hai .
Lakin me ap sab ko bus yahi kehna chahta hon. K please himat na haarna . Apna time ay ga . ..
forex trading me bus vohi log success hovy hain jo Emotional ni hoty.... So good luck and keep it up...