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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
CADJPY Analysis
R3 81.99
R2 81.91
R1 81.85
PP 81.77
S1 81.71
S2 81.63
S3 81.57
CADJPY Analysis
Expected trend for today: Bullish
Support 81.17
Support 80.64
Support 80.41
Resistance 81.82
Resistance 82.05
Resistance 82.48
Risk Disclaimer: Trading in financial markets and foreign exchange market (Forex) includes the risks and the possibility of loss.
my analysis of the trading pair : Cad/Jpy
pivot point is:81.37
Parabolic is:buy
Moving average is:buy
So Resistance and Supporting Level is,,,,
Resistance Level is:
1,Resistance is:81.89
2,Resistance is:82.01
3,Resistance is:82.12
Supporting Level is:
1,Supporting is:81.56
2,Supporting is:81.42
3,Supporting is:81.30
if you like my this analysis so give me thanks on my this post ,,,
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.
my analysis of the trading pair : Cad/Jpy
pivot point is:81.37
Parabolic is:buy
Moving average is:buy
So Resistance and Supporting Level is,,,,
Resistance Level is:
1,Resistance is:81.91
2,Resistance is:82.05
3,Resistance is:82.17
Supporting Level is:
1,Supporting is:81.59
2,Supporting is:81.45
3,Supporting is:81.32
if you like my this analysis so give me thanks on my this post ,,,
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.
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.
Dollar Retreats, Pound on Standby While Lira WeakensThe Dollar Index retreated from a three-week high with prices trading around 97.10 as of writing. Although the Index remains bullish on the daily charts, bears can still make a return if prices dip back below the 97.00 psychological support level.
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.