Thread: Cad/Jpy
Market analisisss..
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. to get consistent profits we must have a good strategy, many of the strategies we use but must match your trading style.
you also need to have emotional control, and good money management.I hope you can earn consistent profit from my signal, good luck
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Nadeem Ahmed (2020-05-11), Zain25 (2020-05-11)
CAD/JPY.... BULLISH
PIVOT POINT 76.36
Support Level S1.... 76.11
Support Level S2.... 75.95
Support Level S3 .... 75.69
Resistance Level R1.... 76.62
Resistance Level R2.... 76.77
Resistance Level R3 .... 77.03
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Apple99 (2020-05-11), Nadeem Ahmed (2020-05-11), sp1973 (2020-05-11), Zain25 (2020-05-11)
Discussion of this pair in my opinion that market can be move to the bullish trend, as looking forward to the open trade, and I prefer the first option of sell it .
If we seems that closing graph of this pair its overall trend show us buy, and moving average is looking strong up side ,I think it can little bit move up but looking world's situation by Covide,19 it can be move to the down side ,so my suggestions are to sell here ,
If you like & agree .mbw
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Nadeem Ahmed (2020-05-11), Zain25 (2020-05-11)
today my technical analysis on market trend with this pair.
market trend on BUY
moving average with buy 65%
moving average with SELL35%
Parabolic sar on BUY
SO if we trade buy side then we get sI predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the tradehurely take profit to earn
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-05-11), Zain25 (2020-05-11)
market it seems to be going down, it is because of market developments that occur to date, I myself am more focused on waiting for the right moment to open sell, but with only a short target, we must be on the lookout for market movements today, because there could be movements beyond our expectations, always keep good money management and don't forget to pray before the trade can go well, and hopefully everything can end with profit and be a blessing for us, don't forget to also evaluate in every problem
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I see this pair to show bullish signal.
Simple Moving Average indicator also giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
that moving average is very strong that keeping the price downwards from last many time, so it is expected that this time also the market will respect that moving average and will turn bearish from here. We should wait further for the daily candle to give us the confirmation and then we should start selling this pair further.
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Today this pair of Market trends & technical Analysis
TRENDING
1)Gator Osillator:SELL = (3)dEMARKER :SELL
2)Fractals :SELL = (4)Evelopes :SELL
Bollinger Band : SELL
Paraboloc SAR : SELL
The RSI is still on :SELL
StDev on SELL direction
4hour time frame also telling these condtional exprations.
Indicator shows market going DOWN and technical Analysis same thing
All technical and fandamantal follow the SELLing trends
Note:Always Follow the making experienced with others having great knowledge about trading
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Hi Traders, hope you are enjoying your weekend's. We had a very good trading results this week and it is time now to see what opportunities market holds for us for next week. Let's start with Y Last week we had a trading idea that turned out with profits, hope you saw that and made some pips We can see that price has bounced of the Resistance line of.Price has tried to break through the 106.62 resistance at the close of trading this week for but I think that move is exhausted. On the daily, price is tracing out a downtrend and I believe that is how it will be for the coming week. Just hopeful. On the 4 hour chart shown above, price has confirmed a trend reversal, but the downtrend preceding it took...
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Today market trend is :sell
This pair is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the yet after every bounce it tends to return to this area, creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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