FX:CADJPY   Canadian Dollar / Japanese Yen
77 2 0
There are two forks in play. Which one is in control?

Some clues point to the bullish one (eg. the extent by which price reached the corresponding median lines), but for me - the jury is still out, which way to go.

The CAD is showing first signs of being oversold and potentialy ready-to-rise, but remains the weakest currency among the majors. The JPY, quite the opposite, looks overbought and about to start to decline in its momentum cycle, while still being stronger than the CAD.
I don't have this pair on the radar at moment but it looks for me as it should make another test to the upside now.
I was short EURJPY unti this afternoon and got out taking the profit as I am not longer convinced. Perhaps EURJPY will go up as well.
ForceFollower motleifaul
Right, I'm also inclined to be thinking rather in bullish terms here. Thanks for your comment as usual.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out