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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.
CAD/JPY
Bearish
Pivot Point 76.43
3 Support 74.65
2 Support 75.59
1 Support 75.93
1 Resistance 76.83
2 Resistance 77.37
3 Resistance 78.29
Today market trend is: ßearish ßuy
Market ki moving average aur indicators ko dekh kar market ke ßuy ke chance zyada hain
Resistance points and Support points bhi strong ßuy ke signal de rahe hain
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Agar ap forex trading main successful trader ban'na chahte hain to hardworking karen aur knowledge and experience hasil karen
Today market trend is: Perfect for ßuy
All indicators tell us about market up so we want do the trading in buy
Resistance and Support points going for up
Always before trading see the trend of market and then do the trading
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Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
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The price initially received support from SMA 50 in yellow and signaled the end of the correction
However, the price continues to move sideways and is also trading below SMA 50
The price break of the moving average in this sideways move is a weak break that needs more confirmation
Thus, the price will drop and break it to the downside, which will give an opportunity to sell towards the moving average line 200 in red
As for the price rebounding higher and returning to trading above the EMA50, it gives an opportunity to buy towards the top level. Elliott waves consist of five waves.
Elliott waves must be five full waves
. Three in the direction of the market and two correct
If the Elliott waves begin to rise or fall, you will find
The (first, third and fifth) are moving in the direction
F (second and fourth waves correct)
. The third wave cannot be the shortest driving wave
The third wave
It cannot be shorter than the first or shorter than the fifth, because it is the longest wave
. The second wave cannot approach the price levels of the beginning of the first wave
The first, whether ascending or descending, starts the second opposite to it in the direction
To make a correction, but it is a condition that it is not corrected until it reaches the levels of the beginning of the first wave
. The fourth wave cannot approach the price zone or price limits
To the end of the first wave
The fourth wave is a correction wave and it is reversing
My Friends!
Today`s chance of market will be on “Sell”
This time market is showing that after some
moment market will be down and I am
advising to all traders that chance of “Sell”are
85% therefore make a trade of “Sell” and get
best profit from here.
.......Please Click “Thanks”if my post is able for it......
#45362
Today market trend:Buy
Resistance and support poinst also going up
Parabolic sar bollinger band rsi indicators also tell market up
So think about situation and then easily take decision for trading
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Cad/Jpy today's analysis;
Dear is pair ka trend bullish hai. agr hm is pr buy entry len to acha profit bn skta hai. Daily time frame m ye bullish rahy gi.
Is pair k S/R levels ye hain;
Support 1 :::> 78.54
Support 2 :::> 78.32
Support 3 :::> 78.15
Resistance 1 :::> 78.57
Resistance 2 :::> 78.85
Resistance 3 :::> 79.15
Today market trend:Sell
All indicators and moving averages tell us about market down
According to expert traders market trend is sell and do the trading in sell
If you want a good profit so learn about forex trading and make a money
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