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CAD/JPY market technical analysis
market trend is sell position
current market price =83.67
Resistance levels
the market could break the first resistance at =83.75
the market could break the second resistance level at =83.87
the market could break the third resistance level at =83.95
Support levels
the market could break the first support levels at =83.55
the market could break the second support level at =83.47
the market could break the third support level at =83.35
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"Hello dear (indian-forex) members of this great community, :) Today I want to share with you my intraday analysis of CAD/JPY. :)))
CAD/JPY is BUY according to four-hour chart. RSI(14)'s value is (45.993), STOCH(9,6)'s value is (57.646) and STOCHRSI(14)'s value is (48.368).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 83.71
Support 1: 83.65
Support 2: 83.58
Support 3: 83.52
Resistance 1: 83.78
Resistance 2: 83.84
Resistance 3: 83.91
According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead! :happy: :peace:"
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"हेलो इंडियन फोरम के प्यारे और महान सदस्य, ये मेरे आज का cad/jpy का विश्लेषण है।
चार घंटे का चार्ट के अनुसार cad/jpy बहुत अच्छी buy की स्तिथि में है । इस वक़्त rsi(14) की वैल्यू (45.993) हे, stoch(9,6) की वैल्यू (57.646) हे और stochrsi(14) की वैल्यू (48.368) हे।
दोस्तों आज का सपोर्ट और रेसिस्टेन्स के लेवल पर एक नजर दाल ले।
पाइवोट पॉइंट : 83.7
सपोर्ट 1: 83.66
सपोर्ट 2: 83.64
सपोर्ट 3: 83.61
रेसिस्टेन्स 1: 83.72
रेसिस्टेन्स 2: 83.76
रेसिस्टेन्स 3: 83.78
मार्केट की इस स्थिति में, मैं आपको सलाह दूंगा की सपोर्ट और रेजिस्टेंस लेवल के देखते हुए मनी मैनेजमेंट के रूल्स को फॉलो करते हुए। सही समय पर ट्रेड एंटर करे।"
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CADJPY Sell mai hai aur apky leye suggest krnga k ap further study kary trend ko aur phir trade kary.
Support and resistance level :
| Resistance 1: 83.77
| Resistance 2: 83.85
| Resistance 3: 83.92
| Support 1: 83.64
| Support 2: 83.57
| Support 3: 83.51
Aur hamisha low risk low lot size k sath trading kary.
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Today technical analysis of Cad/jpy is sell
Piviot Point is :83.75
Resistance and supporting level is:
Resistance level is :
My Resistance is ,,,
Resistance level first: 83.96
Resistance level 2nd : 84.14
Resistance level 3rd: 84.25
My support is,,,,,
Supporting level first: 83.60
Supporting level 2nd: 83.47
Supporting level 3rd:83.36
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Currency pair CADJPY
support and resistance
Support 83.74
Support 83.68
Support 83.45
Resistance 84.52
Resistance 84.64
Resistance 84.71
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CADJPY pair using daily pivot point calculations :
I see this pair still in strong bullish movement . If this pair can resistance level at 83.92 I predict this pair will go up to the next resistance level at 84.40 But if this pair go down and break support level at 83.41 I predict this pair will make some correction to the next support level at around 82.89
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with and take profit at 84.42 and put StopLoss at 83.55
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Right now the cad/jpy rate 83.70
Today the suitable selling point will be 74.60
And today the most suitable buying point is 92.80
Good luck
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CADJPY trend is sell
Resistance 1 83.93
Resistance 2 84.13
Resistance 3 84.25
Support 1 83.57
Support 2 83.43
Support 3 83.31
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Cad jpy is going up and we can have a buy trade on this pair
Support and resistance levels:-
S3 83.65
S2 83.67
S1 83.69
R1 83.71
R2 83.73
R3 83.76