Cad/Jpy

There are a lot of theories as to why central banks, and Russia in particular, are cutting down gold purchases, but in the case of Russia the reason is simply that they need cash, this according to Jeff Christian, managing partner of CPM Group.

“The Russian government is strapped for cash. It’s facing the pandemic that everybody else is facing, but it was slow to move on it so it’s got serious problems there. It still has sanctions, it doesn’t have a lot of foreign exchange coming in, it’s losing money on every barrel of oil that it sold in Russia,” Christian told Kitco News. It doesn’t have the money to buy gold.

Russia’s rivalry with Saudi Arabia on oil production has also put strains on the country’s energy sector, Christian said.

Cad/Jpy

Resistance Level (R3): 78.540
Resistance Level (R2): 78.181
Resistance Level (R1): 77.994
Pivot Point: 77.635
Support Level (S1): 77.448
Support Level (S2): 77.089
Support Level (S3): 76.902

Today market trend:sell

Market exchanging sign rely upon a pointers*

Resistance points and Support points of market goes down

The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit

So could the trading in Sell and get a huge profit

Pivot, Resistance Levels and Support Levels for CAD / JPY
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 78.540
Resistance Level (R2): 78.181
Resistance Level (R1): 77.994
Pivot Point: 77.635
Support Level (S1): 77.448
Support Level (S2): 77.089
Support Level (S3): 76.902

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.

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.

today my technical analysis on market trend with this pair.
market trend on BUY
moving average with buy 65%
moving average with SELL35%
Parabolic sar on BUY
SO if we trade buy side then we get sI predict this pair have bullish direction
I suggest to take LONG position today

time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the tradehurely take profit to earn

I hope you will be fine everyday

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

that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.

bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.

this pair can continue bullish trend today and there is possible chance price will move to up side

Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 77.61
This currency name - CAD/JPY
Resistance and Target - 77.81
Support and Stop Loss - 77.41
Always follow Long time frame market trend.
Signal is Sell.

dear trader cadjpy aik acha pair hay aur agar apko es pair ki smjh hay to phr ap es pay trade ker skty hain aur pako krni bhi chaihiay agar apko es pay grip nahian hay to phr ap ko es say door hi rhna chahiay kun k yeh jab move kerta hay to phr waps ni ata