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according to CADJPY technical analysis , I predict this pair have BULLISH TREND.
the price is break Resistance and Trend Line and it is Flying Up side with having the Long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels
I suggest to take LONG position at -- 0.8732
target take profit at -- 0.8775
target stop loss at -- 0.8695
time frame that is considered while making support and resistance levels – Daily and Weekly time frame,
consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
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Forex Forecast with price level
CAD/JPY - pair in focus.
Current Price - 82.51
main support level - 81.88
main resistance level - 83.21
Pair likely to be in Sell today.
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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.
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cad/jpy bullish
pivot point 82.45
s1 82.29
s2 82.19
s3 82.03
r1 82.62
r2 82.72
r3 82.88
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dear all member of Indian Forum, today I will discuss about CADJPY
my predict price will flying . if you choose BUY position, then put a take profit at 82.97 and stop loss at 92.17
I see the daily chart that indicate complete uptrend of this pair.
Exponential Moving Average (5) 0.71003 : BULL
Simple Moving Average (5) 0.71032 : BULL
Exponential Moving Average (10) 0.70951 : BULL,
Simple Moving Average (10) 0.70939 : BULL,
Exponential Moving Average (20) 0.70962 BULL.
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
I hope you can make consistent profit everyday.
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this is my analysis for CADJPYpair today
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 and this pair will continue to go down to the next lower level .
in my personal view this pair will be continue bullish trend, for intraday trading today
you can take entry SELL Order at the level 82.52, stop loss at the level 82.99, and target take profit at the level 82.14
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.
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Cad/jpy is buy
1. Resistance :84.21
2. Resistance :83.50
3. Resistance :82.96
1. Supporting : 82.03
2. Supporting : 81.64
3. Supporting : 80.72
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CAD/JPY Confluence at POC Might Show Now Moment BuyersHi traders,The CAD/JPY has formed a confluence at support. 82.55-65 could show up now moment buyers for the pair and spike the price up.Bullish Bounce straight from the POC zone is targeting 83.00 and 83.20. However, in order for that to happen bulls need so bounce from the POC zone,
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 82.54
This currency name - CAD/JPY
Resistance and Target - 82.60
Support and Stop Loss - 82.48
Always follow Long time frame market trend.
Signal is Sell.
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Technical analysis :cad/jpy
Today current rate _cad/jpy 82.46
Resistant level 1! 82.51
Resistant level 2""82.56
Resistant level 3..82.62
Support level 1..82.41
Support level 2..82.37
Support level 3..82.32
