Cadjpysell
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 83.180 where it could potentially drop further to 81.885.
*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 there is a double top on M15 timeframe and also there is a supply zone, therefore, there is a high probability that price goes down
CADJPY SHORThello everyone, another great opportunity during negative BOC rate decision is of course the short on CADJPY! look price action tomorrow and look to short it after impulse wait for correction and add more! trade safe!
ANALYSIS ON CADJPY - NEXT COUPLE OF DAYSANALYSIS ON CADJPY.
Welcome to my analysis
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1 Hour CHart
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Interesting Point of interest In the CADJPY pair.
- Price above the 200 day EMA.
- Watch top for Sell.
- Expecting more downward momentum.
- Watch for breakout to the downside.
- MACD showing bearish divergence
Stay Tuned
CAD/JPY has a bearish divergence and breakout!!!I see bearish divergence at rsi and macd on 4h chart also bearish breakout from support.
Profit Targets:
82.125
81.960
Stoploss:83.10
Berk
CADJPY bounced from support, potential for a further rise!
CADJPY bounced off 81.754 where it could potentially rise further to 82.429.
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Losses can exceed the initial investment so please ensure you fully
understand the risks.
BEARISH CADJPY Price is bearish and showing signs of a continuation with potential to move to our target. We can see price respected that trendline by rejecting of it and moving bearish. SL marked at red price level, TP marked at green price level.
CADJPY approaching support, potential for a bounce!
CADJPY is expected to drop to 1st support at 79.800 where it could potentially react off and up to 1st resistance at 80.791.
*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 support, potential for a bounce!
CADJPY is expected to drop to 1st support at 79.800 where it could potentially react off and up to 1st resistance at 80.791.
*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 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 at channel Resistance: Sell the RalliesCADJPY is struggling at the channel resistance once again. So, it would be a good idea to SELL the rallies near the CHANNEL TOP.
Traders can sell between 81.95-82.20 with SL above 82.70.
TPs can be placed at 81,80.33 and 78.50 respectively.
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.
