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Cad-jpy

CADJPY - FOREX - 04. NOVE. 2019Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Bullish pullbacks been slowing down end of last week. 4 HOUR Small pullback done, looking for another bearish wave now. DAILY Overall very bearish market with great short entries. - FOREX SETUP BUY CADJPY 1ST ENTRY @ 82.550 2ND ENTRY @ 82.275 (wait for trigger) SL @ 81.800 TP @ 83.370 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
4
CADJPY - FOREX - 01. NOVE. 2019Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Very bearish market this week! 4 HOUR Slowing down price action at our previous support zone. DAILY Great long entries with high probability turn to the upside shortly. - FOREX SETUP BUY CADJPY 1ST ENTRY @ 82.280 2ND ENTRY @ 82.010 SL @ 81.558 TP @ 83.076 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
15
CAD/JPY – Price eyeing 84.000 The CAD/JPY on the hourly time frame has been following an uptrend recently. The price jumped above the key level of 83.500 on 29 October to reach the highest level of period under study at 83.564. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. The price action in the currency pair is mainly driven by the recent strength in the Canadian Dollar. As of writing, the price is hovering around 83.480 with positive MACD and price above 200 period simple moving average. The hourly chart of the CAD/JPY confirms the positive sentiment in the price movement as the currency pair is making successively higher tops and higher bottoms. By applying Oscillators Analysis, all three indicators confirm the positive bias in the market. As the chart shows, price is above the 200-period Simple Moving Average. The MACD (Moving Average Convergence/Divergence) is recording values above the zero-line which shows positive sentiment in the currency pair. RSI (Relative Strength Index) showing values above 50 which supports the bullish sentiment. In alternative scenario, key support level lies at 82.453. Bears must break this level in order to regain bearish sentiment in the market.
Long
by FXTM
1
CADJPY - Bearish Trend ContinuationPAIR IN FOCUS: CADJPY ACTION: SHORT Observing for a retrace of price to the nearest support/resistance level, reject it, and continue its downward trajectory. A retrace would provide better R:R for any trades. The Entry Zone encompasses nearest support/resistance level that coincides with Fibonacci Retracement levels (i.e. 38.2, 50 and 61.8). TP Level is a strong support level where price had been ranging and supported. The Entry Zone, TP level and Stop Loss have been indicated on the chart. Feel free to leave comments and discuss your analysis with me.
Short
by TraderMozo
2
RSI Divergence signals on Yen pairs PAIRS IN FOCUS: USDJPY, EURJPY & CADJPY ACTION: SHORT HORIZON: SHORT-TERM Here are some BEARISH RSI divergence signals that just appeared on several Yen pairs: USDJPY, EURJPY and CADJPY. As per my previous ideas on RSI (link will be attached), we can expect a short-term correction in prices. The arrow in PURPLE is by no means a definite target for your TP. Determining your own TP and SL is important, and whether this kind of signal (RSI divergence) is something you would include in your trading strategy.
Short
by TraderMozo
2