Derek_Lorentz
Long

CADJPY looking for 92.07

FX:CADJPY   Canadian Dollar / Japanese Yen
49 5 0
Can we get some JPY weakness to drive this pair up? I think so. Todays             (soon to be yesterday) pivot has not been hit yet, and coincides with the 50% retracement of this recent downward move. 26 pip target with 15-20 pip stop loss. Not big money maker, but something to keep an eye on.
Very well could happen. If that happens, look to sell 91.30, in which case we can probably expect to test the lows around 90.75ish
Reply
Interesting idea but don't you think the Japan data this evening will push the Yen pairs down?
Reply
Derek_Lorentz mattlowden
Very well could happen. If that happens, look to sell 91.30, in which case we can probably expect to test the lows around 90.75ish
Reply
Derek_Lorentz mattlowden
I would actually prefer that as my fx algo is currently short CADJPY
Reply
mattlowden Derek_Lorentz
I tend to avoid the Yen pairs they don't really compliment my style of trading but I wish you the best of luck with this trade Derek!
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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