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Cadjpylong

CADJPY Recovery of currency exchange after inflationBanks and financial institutions buy and sell currencies with each other - these large institutions are the 'market' and the rate they trade at is the 'market rate'. The difference between the amount being bought and sold is the spread, which is essentially the difference between the buy and sell price. However, when currency is sold by banks to retail customers, the spread increases significantly and the profit from the transaction is therefore significantly larger. Therefore, when we focus on money transfer fees when sending money abroad, we often ignore the biggest cost: exchange rate differences.
Long
by Chart_MasterPro
CADJPY LONG TERM TRADING IDEAHello Traders In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (CADJPY market update) 🟢What is The Next Opportunity on CADJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
CADJPY Long Term SELLING Trading IdeaHello Traders In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (CADJPY market update) 🟢What is The Next Opportunity on CADJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
CADJPY Long Term SELLING Trading IdeaHello Traders In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (CADJPY market update) 🟢What is The Next Opportunity on CADJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
CADJPY Long Term SELLING Trading IdeaHello Traders In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (CADJPY market update) 🟢What is The Next Opportunity on CADJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
CADJPY: The Thrilling Tale of Bulls, Flags, and Double Bottoms!The Epic Preamble Ladies and gents, forex warriors, and chart whisperers, gather around! We've got a thriller unfolding in the grand arena of currency gladiators: the CADJPY pair! Yep, that's the Canadian Dollar squaring off against the Japanese Yen. Since the 15th of August, they've been dancing in a tight ring, neither gaining the upper hand—until now! The Plot Thickens: Enter the Double Bottom! Imagine the suspense in a James Bond movie when 007's trapped but finds a secret escape hatch at the last moment. That, my friends, is the CADJPY's Double Bottom Formation—a bullish signal that says, "Not today, sellers!" It's like a trampoline at the base of our range; the price bounces but doesn't break through. The Bullish Flag: A Plot Twist We've Been Waiting For The latest chapter in our epic saga features a glorious Bullish Flag! This wasn't just any flag; it was the Gandalf of flags, standing firm and saying, "You shall not pass!" for 21 tantalizing days. But wait, there's a twist—the flag has been shattered, and the bulls are running free! With a whopping 3.9 million USD traded during its formation, you can bet this flag was the real deal. The Funda-Mental Supporting Cast Now, no epic is complete without a compelling backstory: The Canadian Chronicles: GDP figures in Canada are soaring like an eagle with a jetpack! Employment rates are holding steady like a lumberjack on a log. The Land of the Rising Sun: Japan, known for its Samurai and sushi, isn't doing its currency any favours with an ultra-loose monetary policy. Risk-on Showtime: The world seems to be in a mood for adventure, ditching safe havens like the Yen for more daring escapades with the Loonie (that's slang for the Canadian Dollar, eh!). Strategy: No Room for Weak Knees! Alright, thrill-seekers, we expect this epic tale to take a joyous turn for the Loonie. If you're in this rodeo, get ready for a wild ride upwards! But beware, young squire, dragons still lurk in the forest of financial markets. Any slips, trips, or dips should be your cue to manage those positions like you're juggling flaming torches. Use those stop-loss orders like a knight uses a shield! Roll Credits There you have it—a full-on drama, comedy, and action-packed saga all rolled into one currency pair! But remember, while we might jest and jape, trading currencies is a serious business, fraught with peril and risks. Always do your due diligence, or consult your financial Gandalf before making any moves. And that's a wrap, folks! Stay tuned for the next gripping episode in the CADJPY universe! 🎬🍿
Long
by TFLOfficial
1
CADJPY: Anticipating a Bullish BreakoutCADJPY has been observed to be in a bullish trend that was initiated on the 24th of March. From the technical analysis, it appears that the pair has completed wave 1 and 3 of the impulsive move, with wave 3 delivering a considerable 280 pips gain. The wave 3 appears to have peaked on April 4th at 99.185, and since then, we have seen a decline in price, indicating the onset of corrective wave 4. My current analysis reveals that the pair is presently in corrective wave 4, which appears to be characterized by a contracting triangle pattern. Based on this observed pattern, I'm anticipating an upward breakout to complete the wave 5 of the impulsive move. Consequently, my ultimate price objective for CADJPY is 99.858 , with a medium-term target set at 99.432 . It is essential to note that any price decline below 95.505 will render this forecast invalid.
Long
by Samuel124