FX:CADJPY   Canadian Dollar / Japanese Yen
15 0 3
Display: FX:CADJPY            
Description: As shown above we have FX:CADJPY             .
This pair is currently , Bearish , However , there is a high possibility we could have long Bias very soon. Reason being we have had 4 Declines down into Monthly Support Area Around 79.60 - 82.000 5 consecutive months in a row. Failing to close in that area this indicates we have very strong support combined with Distinctive wicks to the Low.

Monthly Chart is showing a series of Exhaustion/ Reversal Candles. The week we had a spinning Top close last week with price in an ascending trend line . Possible Bearflag to come. Last week we had price Rally up into weekly resistance 85.25 and failed to close above which gave us a short term decline ending the week with 2 Dojis. I now will look for a Bullish close for today , upon this we will likely see a break of weekly and monthly resistance During the week

Indicators: : 200 and 50 EMA currently above price with the 50 EMA acting as magnetic resistance since late 2015. Daily 200 Magnetic Resistance and have had a cross above the 50 on todays             candle. with a bullish close this may become magnetic support.

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