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Dear all forum member
this day I will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
I suggest to take short terms position on SELL today.
Market is going to down position . if you like and gain good profit open sell order to gain good 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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CAD/JPY
Market trend Bullish
Pivot point 76.39
Support 76.12
Support 75.94
Support 75.66
Resistance 76.68
Resistance 76.83
Resistance 77.09
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I see the daily chart that indicate complete downtrend of this pair.
I use more than one indicator,
Exponential Moving Average (16) : buy
Simple Moving Average (24) : neutral
Exponential Moving Average (30) : neutral
Simple Moving Average (28) : buy
Exponential Moving Average (54) : buy
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
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the pair price already touched daily resistance 2 level and above trend line.
now the price try to move Upward.
I think the price may touch daily pivot point frokhat ki satah par hai .
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.
Simple Moving Area (45): Up
Momentum (30): Up
Stochastic Oschilator : Neutral
You will earn more money if you will follow my views,because I have posted this after checking the previous routine of daily time frame of H1,H4 clearly. some traders use fundamental analysis, other use indicators or supports and residences , believe on your own strategy.
This is very risky investment. According to my limited knowledge the investors should wait and see the every aspects of the market. The investor checks the actual worth of the stock in the market. Than should take decision to invest or not in this type of security.
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Today market trend is :sell
This pair is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the yet after every bounce it tends to return to this area, creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend
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forex trading is the best business hai aur trading tu bata nhi sakta ke real business hai wese trading bahut he acha business hai sell main trading lagau aur profit hasel karu best of luck
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forex trading is the best business hai aur trading tu bata nhi sakta ke real business hai wese trading bahut he acha business hai sell main trading lagau aur profit hasel karu best of luck
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CAD/JPY
Bearish
Pivot Point 76.49
3 Support 74.61
2 Support 75.57
1 Support 75.93
1 Resistance 76.85
2 Resistance 77.33
3 Resistance 78.29
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pair : CadJpy
CadJpy bullish trend can continue today, now current price at 83.70 and strong support at level 83.90 in hourly time frame. there is possible chance CadJpy price will move to up side. then next high price is 84.20
I suggest to entry buy with stoploss at 83.40 and take profit at 84.20
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Pivot points: 76.64
Resistance 1# 77.08
Resistance 2# 77.36
Resistance 3# 77.77
Support 1# 76.20
Support 2# 75.92
Support 3# 75.50