CADJPY after the nice bullish impulse found resistance at the 81.500 area. The price from the start to consolidate and provide us different scenarios. The market can move for a retest of the weekly support at the 81 level or if the bulls will have enough strength can move straight above the resistance area. When the price will break above the 81.500 zone we will...
Price is facing bullish pressure where a break above our upside confirmation level could see a further upside
Price is facing bullish pressure where a break above our upside confirmation level could see a further upside
Prices are facing bullish pressure from our first suppport in line with our ascending trend line where we could see a further push up above this level to our first resistance target.
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
Midterm forecast: While the price is above the support 77.60, beginning of uptrend is expected. We make sure when the resistance at 81.75 breaks. If the support at 77.60 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. A trough...
Midterm forecast: While the price is above the support 77.60, beginning of uptrend is expected. We make sure when the resistance at 81.75 breaks. If the support at 77.60 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. A trough...
Price is facing bullish pressure where we could see a bounce above this level to our first resistance target. EMA and Ichimoku cloud are showing signs of bullish pressure as well in line with our bullish bias.
Nice steady buy here on CADJPY- REMOVE THE NOISE- TRADE THE TREND LIKE ME What is our strategy? Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific...
We are currently in a very good looking uptrend that is gathering strength to continue. The last part of this trend starts from the middle of the previous month. Current levels are important, where the price meets resistance from the daily chart. However, it seems that there will be strength to break and reach the following resistances: 81.85 82.05 82.27 You can...
its near the dynamic resistance line in the weekly timeframe and also the static resistance line in Daily Timeframe. if The PMI News Comes Bad for CAD Sell position is confirmed. it is safer to enter when the short uptrend line got broken. share your ideas with Me :)
Price is approaching support where we could see a bounce above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well.
Price is approaching support where we could see a bounce above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well.
CADJPY is currently in a large rising triangle structure on the 4hr chart. Price has the potential to break out of structure. should this happen, we would be looking for bullish opportunities after a retest of previous resistance. However I am currently bearish till this happens. Watch for break of smaller rising support within triangle for short...
CADJPY completed ABCDE correction and will continue completing the move upwards. Bearish for USOIL
USD gains broadly as stocks consolidate gains; ADP jobs at 8.15. CAD steadies around mid 1.29s with flat crude oil. EUR drops to mid 1.20s as UK trade risks linger. GBP falls sharply as Barnier warns of no trade deal. JPY reaches one-week low as move away from safety extends. AUD supported by better than expected Q3 GDP.