Cadjpytrade
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 81.685 where it could potentially drop further to 80.900.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 81.685 where it could potentially drop further to 80.900.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CADJPY SET TO MOVE HIGHER IN WAVE (v) OF ELLIOT WAVE IMPULSECADJPY has just completed a w-x-y double zigzag in wave (iv) of an impulse. A sharp leading diagonal impulse in wave i of (iv) confirmed that wave (iv) has bottomed.
Price has the potential to extend higher to 0.618 Fibonacci Extension that lined up with upper trendline to completed wave (v) impulse move.
Trade below 80.681 will negate the bullish outlook.
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 81.000 where it could potentially drop further to 80.250.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 80.900 where it could potentially drop further to 80.250.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 81.38 where it could potentially drop further to 80.250.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 81.685 where it could potentially drop further to 80.250.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CADJPY approaching resistance, look out for potential reversal!
CADJPY is approaching its resistance at 81.717 where it is could reverse down to its support at 80.250.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
say we expect price to rise up to 1st resistance where it could potentially react off and drop down to 1st support
CADJPY approaching support, potential for a bounce!
CADJPY is expected to drop to 1st support at 81.246 where it could potentially react off and up to 1st resistance at 82.039.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
POTENTIAL SHORTS ON CADJPYCADJPY is currently showing potential to make another bearish move, Entry has been marked at 80.838 and target is marked at 76.164 , our stop loss is marked at 82.851.
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CADJPY approaching resistance, look out for potential reversal!
CADJPY is approaching its resistance at 81.192 where it is could reverse down to its support at a 80.246.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.