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Japanese Yen Tumbles as Risk Sentiment ReboundsGlobal chance opinion turned positive on Friday evening as blended exchange information from China facilitated worries over moderating worldwide development. With financial specialists back in the state of mind for more hazardous resources, the Japanese Yen which is considered as a place of refuge cash tumbled no matter how you look at it.
CADJPY Today Prediction
Strategy: BUY, stop loss at 83.00, take profit at 84.50.
Resistance levels: 84.50 , 85.00, and 85.30.
Support levels: 83.00 , 82.70, and 82.40.
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,
Results of analysis of using daily pivot point calculations for CADJPY
I see this pair still in strong bullish movement . If this pair can resistance level at 82.20 I predict this pair will go up to the next resistance level at 82.68 But if this pair go down and break support level at 81.69 I predict this pair will make some correction to the next support level at around 81.17 Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with and take profit at 82.70 and put StopLoss at 81.83
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation. my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
CADJPY Today Prediction
Strategy: BUY, stop loss at 83.00, take profit at 84.50.
Resistance levels: 84.50 , 85.00, and 85.30.
Support levels: 83.00 , 82.70, and 82.40.
CADJPY TODAY ANALYSIS
MARKET Trend Bullish
Pivot Point 81.40[/SIZE]
S 1 81.11
S 2 80.81
S 3 80.52
R 1 81.70
R 2 81.89
R 3 82.30
Today CAD/JPY pair Trend : Sell
I analysis the CAD/JPY and i find these trading points for trading.
For your safe and profitable trading I share these prices for selling or buying the CAD/JPY.
Trading recommendations: Buy : 85.10 Take profit: 85.55 Buy 85.60 Take profit: 85.95
Trading recommendations: Sell: 85.90 Take profit: 85.65 Sell: 85.60 Take profit: 85.15.
The pair is currently testing the support level and the upward trend in the level - 94.21, in the case of a reversal of that up - will start to be adjusted, in this case, I will consider buying short-term with a view to test the level of ma700 -95.06. If the pair exceeds the support and trending down - will be considered with a view to the sale of medium-level 92.48 - Support for the daily time frame.
Daily overview for CadJpy
The price is finding the first support at 81.36 and the next support is at 81.17 The price is finding the first resistance at 81.81 and the next resistance is at 82.03
--- Trading recommendations for trading : Open Buy ---
I predict price will be continued flying today. The first target is the level 81.95 After fixing below the first target, then price will go to the level of 82.21will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
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 breakout of the resistance level at 83.57 and the pair will continue to go up to the next resistance level at 83.79 in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 83.48 stop loss at the level 83.93 and target take profit at the level 83.13