Cad/Jpy

[forexA]

my dear sir today of my tachnical analysis for this cadjpy buy to bullish trand strong,,

Resistance 82.78

Resistance 83.08

Resistance 83.99

Supporting 81.87

Supporting 81.23

Supporting 80.38

[Muhammadfaizan]

CAD/JPY has seen some large paring back of longs which have subsequently sent the pair into an oversold condition at structural support in a fast downside move. A pullback might be expected to test the trendline support. However, the 4-hour outlook is not validating an upside bias at this stage, although the price is static at a compelling zone for a period of consolidation and choppiness which could equate into an H&S pattern, potentially before the next leg higher.

On the other hand, should the risk-off themes continue, oil will continue to suffer, central banks will switch dovish and the yen will catch a prolonged bid as a safe haven? In such a scenario, the downside targets are made on the weekly outlook to the 61.8% Fibonacci retracement target.

[Joni]

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[Destny03]

Market trand sell.
pair sell ka ban gya hai market kafi up hoii hai and ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
trade sell ki laga deni chahie ye humary lie kafi faidy mand sabit ho sakti
hai or last 8 hrs ka chart dekha jaye to saaf pata chalta hai
market up ho k ab down ki traf movement kar rahi hai Good Luck.

[heel]

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

[Iqlevel]

Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.

[Zeeshan420]

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

[Royal003]

Today's market trend: Sell

kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
Best of luck.... 👍✌

[Apple99]

CADJPY
Market Trend Bullish


Resistance 82.77
Resistance 83.08
Resistance 83.98


Supporting 81.87
Supporting 81.26
Supporting 80.38

[Asadjaved]

Cadjpy
canadian dollar / japanese yen
82.575
jpy
+0.088 (+0.11%)
market open (feb 05 10:13 utc-5)
82.487
prev
82.487
open
110.692k
volume
82.185 — 82.695
day's range