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Cadjpyupdate

CADJPY : Current Situation & Technical , Fundamental View#CADJPY - By this time, CADJPY was very well BUY with the G7 MEETING with some positive comments regarding OIL. So CAD automatically went up. The other reason is the RATE HIKE done by the BOC. Also, in the last few days, JPY WEAKNESS came unexpectedly. They are the FUNDAMENTAL event. - But after that the price of OIL rose very fast. Due to this reason CAD became STRONG very fast before. You can check it by going to CAD CHARTS. But now with JPY WEAKNESS, CADJPY is getting BUY very fast. - Right now the MARKET is getting somewhat RISK ON, JPY is going down, so CADJPY is getting BUY. - Definitely CADJPY should be slightly DOWN until 107.621 LEVEL. After that, the possibility of moving to 112.862 LEVEL is very high. The reason for that is because even now OIL PRICES are going up a bit. After that CADJPY price can go down to 103.955 LEVEL. We focus on MARKET UPDATES and MARKET SENTIMENT.
by benny_marshall
CADJPY : Current Situation & Technical , Fundamental View#CADJPY - By this time, CADJPY was very well BUY with the G7 MEETING with some positive comments regarding OIL. So CAD automatically went up. The other reason is the RATE HIKE done by the BOC. That was the recent FUNDAMENTAL incident. - But after that the price of OIL went down very fast. Due to this reason CAD went down very fast. You can check it by going to CAD CHARTS. But now with JPY WEAKNESS, CADJPY is getting BUY very fast. - Right now the MARKET is getting somewhat RISK ON, JPY is going down, so CADJPY is getting BUY. - There is a very high possibility that CADJPY will move up to the 108.032 level. The reason for that is because even now OIL PRICES are going up a bit. After that CADJPY price can go down to 102.990 LEVEL. We focus on MARKET UPDATES and MARKET SENTIMENT. cadjpy
by benny_marshall
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CADJPY : Current Situation & Technical , Fundamental View#CADJPY Due to MARKET RISK ON, CADJPY went up a bit. But now CAD UP is being done again. We expect CADJPY to go UP again. Either way, that price can retrace to the CADJPY MAIN TRENDLINE. After that the MARKET can go UPSIDE. The reason for that may be due to OIL PRICES UP. JPY WEAKNESS will also affect this. You can definitely buy at the CADJPY 108.691 level. For that, MARKET RISK should be ON SHORT TERM. But according to the STRUCTURE, CADJPY can move up to 103.340 LEVEL on the TREND LINE. The reason for that is the idea that the MARKET SENTIMENT in the OVERALL MARKET will be RISK ON in the coming days. We must pay attention to the MARKET SENTIMENT.
by benny_marshall
CADJPY : Current Situation & Technical , Fundamental View#CADJPY Due to MARKET RISK OFF, CADJPY is going down a bit. We expect CADJPY to go UP again. Either way, that price can retrace to the CADJPY MAIN TRENDLINE. After that you can go DOWNSIDE the MARKET. The reason for that may be due to the fall in OIL PRICES. You can definitely buy at the CADJPY 104.90 level. For that, MARKET RISK should be ON SHORT TERM. But we can sell CADJPY up to 100.00 LEVEL according to the STRUCTURE. The reason for that is the idea that the MARKET SENTIMENT in the OVERALL MARKET will be RISK OFF in the coming days. We must pay attention to MARKET SENTIMENT.
by benny_marshall
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS- GBP FEATURE currently stands at 1.2608 LEVEL. Also the JPY FEATURE stays at 0.0077 LEVEL. GBPJPY PRICE is moving higher than DYNAMIC S / R LEVELS. So most of the time the PRICE can be a bit UP ahead. But the MARKET SENTIMENT must be POSITIVE if you want to BUY GBPJPY. - STOCKS are currently DOWN. And VIX is becoming DOWN. COMMODITIES OVERALL DOWN. Also BONDS PRICES are becoming NEUTRAL. Also BONDS SPREADS are DOWN. Currently the MARKET RISK ON status is heavy. So definitely create a UP TREND for AUD CAD NZD and a DOWN TREND for JPY CHF USD. - GBPJPY PRICE can be UP to 164.988 LEVEL before DOWN. Then you can BREAK the TREND LINE and DOWN to 157.611 LEVEL. Focus on breaking the TREND LINE. The VIX INDEX is also special.
by benny_marshall
CADJPY : Current Situation & Technical , Fundamental View- The Canadian Dollar is a COMMODITY BASED CURRENCY and continues to follow market sentiment. CADJPY BUY NOT BE WITHOUT VIX DOWNING THE JAPANESE YEN is also slightly down. For these reasons, the CADJPY price may rise further. Today is the day of the CAD CENTRAL BANK DECISION. So you definitely have to pay attention to it. - CAD FEATURE currently stands at 0.7902 LEVEL. Also the JPY FEATURE stays at 0.0077 LEVEL. The CADJPY PRICE is located above the DYNAMIC S / R LEVELS. Therefore, most of the time the PRICE can be down after a RETRACEMENT SHORT TERM. - STOCKS are currently DOWN. And VIX is becoming DOWN. Also COMMODITIES OVERALL DOWN. Also BONDS PRICES are becoming NEUTRAL. Also BONDS SPREADS are DOWN. Currently the MARKET RISK ON status has been weighed down. So definitely create a UP TREND for AUD CAD NZD and a DOWN TREND for JPY CHF USD. - The CADJPY PRICE can be UP to the RESISTANCE AREA above before the SHORT TERM DOWN. That is 104.183 LEVEL can be UP. If the MARKET SENTIMENT does not continue to function or the MARKET RISK is OFF then the PRICE can be DOWN to CADJPY 97.84 LEVELS.
by benny_marshall
#CADJPY Double Top #CADJPY Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze #cadjpy a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities. My thoughts are for those who are interested in improving their financial education. Thank You..
Short
by TRADiNG_Club_