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It looks like CAD may go weaker against the JPY during end of the week, Analysis only for education purposes
Both Short & Long Opportunities
The counter CADJPY is in the resistance trend line from 25thNovember which has been tested twice at the prices 80.49 and 80.25. Today the counter has made an entry at the price 80.25 and it started moving even more downwards. It’s the right time to go for a short and the bearish trend will continue further. The stochastic indicator curves started...
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Looking for short on this pair, what are your thoughts about this let me know, comment down and tell me your views.
CADJPY has been on the bull run for the past 3 days. this may be the time that we can short this pair and close our longs in it. It has strong resistance at this point. So, we will be taking a short if and only if prices close below this resistance level and follow the next day the downtrend. So maybe tomorrow we will be taking the short for the target of 77.700...
CADJPY has been gaining since the last three days and finally hit the resistance region of 76.600. It's showing that there might be a corrective wave till 75.200 levels before any further upward momentum is gained again IF today prices remain and close below 76.289. It's a great short opportunity if we wait for a confirmation today and will be going short if THIS...
CADJPY on FXCM is a sell on rally today. Sell it at CMP as of now SELL IT AT 84.036 with Stop-loss on closing basis as 84.280 and Target as 82.920
i am in after saw nice and new downtrend 15min . and also got the v formation and test fail .
Hi, Traders As I am expecting correction is completed fib level also reached its level. now i am looking downward move which may very sharp. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !