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Cadjpyforecast

$CADJPY Short against Weekly Close of 78.00With this weekly close below the EMA9, the CADJPY continues to test a firm resistance and retreat. The $CADJPY is looking like a Short against Weekly Close of 78.00 for a test of the low at 73.00. The current price is at 76.68, which would provide a good risk to reward for this pair. Only weekly close above the weekly high of 78.00 would negate this pair's bearish pattern. My analysis is not to be taken as final target or exact numbers, but as an exchange rates heat map of where sentiment and expectations are going. Take profit when you feel necessary or cut your losses. Please feel free to like and comment. Let's make some money together! Happy Trading! Dr. Lydia Smith
Short
by DrLydia
1
CADJPY Breakout Rejection - Consolidation In Short Term. SELLCADJPY's attempt at making a breakout above the 76.800 level seems to have lost strength, and I see it now consolidating in a narrow range between 76.800 and 76.650 levels in the short term. A clear trend maybe seen after getting out of this consolidation range, but right now, I will look at going short in this pair since the breakout attempt seems to have been rejected. I would set my take-profit level at 76.650 level, which is not much, but since this is the consolidation range, we cannot expect a very high take-profit range anyway.
Short
by trendtrader
1
CADJPY technically based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 CADJPY technicaly based idea, we can see price is bounce from bottom trend line, technicaly indicators showing we can expect recovery phase, expecting to see push up in price till top trend line. JPY today slowly losing power. 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
by UnknownUnicorn3983388
CADJPY technically forecast on next move 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 CADJPY technicaly based idea, what we can expect here if you go bearish on CADJPY the best will be to wait break of supp trend line for confirmation of bearish continuation. If you want to go bulish, the best will be to wait break of up trend line (green line) for better confirmation of bulish trend. 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
by UnknownUnicorn3983388
1
CADJPY technicaly based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 CADJPY technicaly based idea, we can see price is bounce from trend line, expecting to see push down in price till support (yellow line). CAD one of weakest currencys today. 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
by UnknownUnicorn3983388
2
CADJPY LONG! A Look at Daily Good news First: 1. Pair is trading at multiple Buy-Zones. --For Long position to fully execute, Cad HAS to be stronger than JPY, preferably on all time-frames (something to eye) Notably also is price battling a deep trend-line-- Otherwise, We Are Good To Go! Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Long
by legacyliked
1