Cad/Jpy

Cad jpy has been over bought and now is has been fallen and we can take advantage taking a sell trade on this pair and have some profit

The CAD / JPY pair is trading in a downtrend forming within the 240-minute time frame supported by the break of the bullish trend line and the ADX indicator indicates the strength of the current bearish trend.
And the SMA 20 crosses negatively with the rising trend line supporting the current bearish trend and the sellers.
The indicator of the moment of the MACD with the normal settings is currently bearish.

Daily analysis of currency pair is :Cad/Jpy
today currency trend is : sell

Resistance and Supporting level is :

Current price is: 83.22

1> Resistance Level is :83.35
2>Resistance Level is : 83.48
3>Resistance Level is:83.62

Daily supporting level

1> Supporting Level is : 83.10
2>Supporting Level is: 82.99
3>Supporting Level is: 82.85

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Guaranteed Future Value (GFV) or Guaranteed Minimum Future Value (GMFV) are terms used to describe the cost on which a balloon payment is based on for a Personal Contract Purchase or Lease Purchase agreement

Today technical analysis of Cad/jpy is sell

Piviot Point is :83.48

Resistance and supporting level is:

Resistance level is :

My Resistance is ,,,

Resistance level first:83.50
Resistance level 2nd : 83.65
Resistance level 3rd: 83.78

My support is,,,,,

Supporting level first: 83.13
Supporting level 2nd: 83.01
Supporting level 3rd: 82.89

CAD/JPY market technical analysis

market trend is sell position

current market price =83.15

Resistance levels
the market could break the first resistance at =83.44
the market could break the second resistance level at =83.88
the market could break the third resistance level at =84.13

Support levels
the market could break the first support levels at =82.70
the market could break the second support level at =82.42
the market could break the third support level at =81.97

Today I will discuss about CADJPY pair.

Potential Resistance1 == 83.40
Potential Resistance2 == 83.59
Potential Resistance3 == 83.78
Potential Support1 == 82.94
Potential Support2 == 82.73
Potential Support3 == 82.90

I see the daily chart that indicate complete downtrend of this pair. Exponential Moving Average (5) 0.71003 : DOWN, Simple Moving Average (5) 0.71032 : DOWN, Exponential Moving Average (10) 0.70951 : DOWN, Simple Moving Average (10) 0.70939 : DOWN, Exponential Moving Average (20) 0.70962 DOWN . My predict price will falling today. If you choose SELL position, then put a take profit at 82.66 and stop loss at 83.50
Please avoid using big lot for your trade because this business is very dangerous. anything can happened in forex market. good luck to your trading my friend and I hope you can make consistent profit everyday. .

CAD / JPY currency pair on a 4-hour time frame moves along an ascending corridor. I expect that the currency pair will rise up to the resistance level of 84.19, which the currency pair will pierce and rise to the resistance level of 84.59. If the currency pair breaks through this resistance level, the price of the currency pair will rise to the resistance level of 84.90.

bearish trend seems to be taking place on the CADJPY pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bearish trend, now current price at 83.17 and strong resistent in hourly time frame at level 83.39 there is possible chance price will move to up side. then next low price is 82.66

I suggest to entry SELL with stoploss at 83.52 and take profit at 82.67

use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit

Pivotal Points: 83.46


Resistance 3: 84.45

Resistance 2: 84.17

Resistance 1: 83.79


Support 1: 83.03

Support 2: 82.75

Support 3: 82.32