Cad/Jpy

my analysis of the trading pair : Cad/Jpy


So Resistance and Supporting Level is,,,,


pivot point is:83.07

Resistance Level is:

R1:82.90
R2:83.01
R3:83.25

Supporting Level is:

S1:82.59
S2:82.41
s3:82.30

Over All Trend Is :sell

Japanese Yen Tumbles as Risk Sentiment ReboundsGlobal risk sentiment turned positive on Friday afternoon as mixed trade data from China eased concerns over slowing global growth. With investors back in the mood for riskier assets, the Japanese Yen which is considered as a safe-haven currency tumbled across the board.

CAD/JPY looking good to fall over from the levels of Resistance R2: 85.97 , here are some technical levels that helps to make the prices fall downwards from Resistance 1: 85.83 Resistance 2: 85.97 Resistance R3: 86.03 . Lets check out how the trend reacts from the levels , set stop losses above those levels and take profits are tentative options to fill good profits . Strong signals are SELL

once in the prediction of several indicators for the technical analysis of currency pairs CADJPY on the market today are at the 85.39 pivot then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 85.89 positions. You put a stop loss at 85.04 positions

that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 85.96
Resistent2 = 86.55
Resistent3 = 87.12
Pivot = 85.39
Support 1 = 84.80
Support 2 = 83.07
Support 3 = 83.64
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.

Cad/Jpy not cross the up price level 82.50, it means that Cad/Jpy pair today in selling and i recommend that trader place the sell in Cad/Jpy 82.00 - 82.50 and use of take profit at 80 to 120 pips point mean use tp at 81.00 - 80.70 and use stop loss price 82.50, I recommend today place sell order in Cad/Jpy and make good earning profit in Cad/Jpy pair trade positions.

CAD/JPY market technical analysis

market trend is sell position

current market price =82.87

Resistance levels
the market could break the first resistance at =83.15
the market could break the second resistance level at =83.45
the market could break the third resistance level at =83.83.76

Support levels
the market could break the first support levels at =82.53
the market could break the second support level at =82.25
the market could break the third support level at =81.91

this is my analysis for CADJPY, hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level at 82.61 and the pair will continue to go down to the next level level at 82.39 in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 82.70 stop loss at the level 82.25 and target take profit at the level 83.05

Resistance1 : ------- 83.08
Resistance2 : ------- 83.31
Resistance3 : ------- 83.04
Support 1 : -------- 82.63
Support 2 : -------- 82.44
Support 3 : -------- 83.00

if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.

pivot point;82.82

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is: 83.10
2> Resistance level is: 83.44
3> Resistance level is: 83.71


Supporting level is

1> Supporting level is: 82.48
2> Supporting level is: 82.20
3> Supporting level is: 81.86

CAD / JPY currency pair on a 4-hour time frame moves down the corridor. I expect the currency pair to rise to the resistance level of 83.40, 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.

CADJPY ANALYSIS

Expected trend for today: Bearish


Support 82.75

Support 82.34

Support 82.12


Resistance 83.47

Resistance 83.64

Resistance 84.11