Cad/Jpy

[Lauren]

Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past
Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators
Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time

[Abdullah 786]

CAD/JPY has been choppy on the daily chart. The price had a bounce yesterday, where it had a bounce earlier as well. Despite yesterday’s bearish daily candle, today’s price action on the H1 chart has been bullish. On its way, the price made a breakout at a significant level of resistance. The buyers may find a long opportunity if the price comes back to the breakout level and produces a bullish reversal candle.

CAD/JPY H1



The chart shows that the price made a breakout at the level of 76.600. As of writing, the price on the current candle may have found its resistance at yesterday’s highest high. If the price comes back to the breakout level and the breakout level produces a bullish engulfing candle, the buyers may trigger a long entry above the level of 76.950.

[Samranfaizan220]

Trading is best for everyone who wants to earn money for their own business. Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading. So trader can trade according the market situation and earn a good profit.

[Hafiz Saab]

Today market analysis and trend:sell

Indicators and Moving average market ke down hony ka bata rahe hain

Resistance and Support points se bhi market down hoti nazar a ri hai

Hamain sell main trade lagani chahiye

BesT Of LucK

[jindon]

hello my dear friends how are you , I hope you will be fine everyday

I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.

Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .

BUY position is better choice now, you can set target profit level 35 pips from current price

that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.

bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.

this pair can continue bullish trend today and there is possible chance price will move to up side.

[yuyul]

it seems that will still go up, if this pair currency has shown its strength, we can open BUY with a target at second resistance.and possibly will rise, hopefully what we try can produce, and if there are mistakes we hope we can evaluate and improve well, keep money management well and don't forget to start our trading by praying first, so that it can run well, sometimes market are moving with slowly but sometimes are highly moving.hopefully everything is facilitated and can be a blessing for us all, hope you make more profit and earn much more better as other benefits as well.

forex is the best way to make money at home and provide you with many opportunities in everyday life. forex helps millions of poor people around the world and unemployed people.

trader feel very reliable by working here and can do it as a part-time or full-time job, just by sitting at home you can earn money.

[sp1973]

CAD/JPY= BEARISH TREND IN H4 TIME FRAME
Resistance 3=79.64
Resistance 2 =78.06
Resistance 1 =77.23

Pivot point=75.66

Support 1=74.82
Support 2=73.25
Support 3=72.42

[yulbang111]

kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai ,
halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh.

I 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 trade.

money management is very effective for getting profits with stop loss and take profits method with current trading position.

[Arifzaziz]

From a technical perspective the pair already seem to have found expectancy above the 1.8 1140 Confluence reason. Soundbar through buying now has a potential to lift their further beyond 1.1 200 handle toward retesting the recent swing higher resistance near the 1.12 40 region full stop the momentum code further get extended towards the 1.1 300 round figure mark and root assistant smartbuy the top and of the multi month old extending brand channel.

[Asher12]

Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.