Get started

Cad-jpy

CADJPY: Cyclical Long opportunity.CADJPY has been on a strong 1D Channel Up (RSI = 53.040, MACD = 0.280, Highs/Lows = 0.0000) since August, breaking above the 1W MA50 (blue line) but was eventually rejected near the 1W MA200 (orange line). Looking back on the 1W chart this is a cycle that is repeated since 2006, with Death and Golden Cross formation marking it. At the moment the price is preparing an aggressive rise into a new consolidation zone (green Rectangle). This will most likely be marked by a Golden Cross. Our long term Target Zone is 89.000 - 91.500. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
CADJPY - FOREX - 04. NOVE. 2019Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Bullish pullbacks been slowing down end of last week. 4 HOUR Small pullback done, looking for another bearish wave now. DAILY Overall very bearish market with great short entries. - FOREX SETUP BUY CADJPY 1ST ENTRY @ 82.550 2ND ENTRY @ 82.275 (wait for trigger) SL @ 81.800 TP @ 83.370 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
4
CADJPY - FOREX - 01. NOVE. 2019Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Very bearish market this week! 4 HOUR Slowing down price action at our previous support zone. DAILY Great long entries with high probability turn to the upside shortly. - FOREX SETUP BUY CADJPY 1ST ENTRY @ 82.280 2ND ENTRY @ 82.010 SL @ 81.558 TP @ 83.076 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
15
CAD/JPY – Price eyeing 84.000 The CAD/JPY on the hourly time frame has been following an uptrend recently. The price jumped above the key level of 83.500 on 29 October to reach the highest level of period under study at 83.564. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. The price action in the currency pair is mainly driven by the recent strength in the Canadian Dollar. As of writing, the price is hovering around 83.480 with positive MACD and price above 200 period simple moving average. The hourly chart of the CAD/JPY confirms the positive sentiment in the price movement as the currency pair is making successively higher tops and higher bottoms. By applying Oscillators Analysis, all three indicators confirm the positive bias in the market. As the chart shows, price is above the 200-period Simple Moving Average. The MACD (Moving Average Convergence/Divergence) is recording values above the zero-line which shows positive sentiment in the currency pair. RSI (Relative Strength Index) showing values above 50 which supports the bullish sentiment. In alternative scenario, key support level lies at 82.453. Bears must break this level in order to regain bearish sentiment in the market.
Long
by FXTM
1