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    CAD/JPY

    Thread for CAD/JPY discussion - latest news, technical analysis, forecasts and opinions.

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    cadjpyh4.png
    Time frame :4H
    A strong rally heading upward and then touch the fibo 100 levels but couldnt break it, it was nice to get short there , and if jpy remain weaker we should not go for long , because recent BoJ was not good for jpy

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    eurusdh4.png
    Time Frame :4H
    Since the market this week from monday what we can see that market is moving in a tight range , although it's tries to break the 0 fib level , but it could not breach it and close down of it whereas channel upward , so 0 level break we would be interested to see more upward movement

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    xagusdh4.png
    time frame :1D
    If we look at the last candle it showing the nice bearish is strong .
    but still it not like that because the opening showing postive strength , if we got break down intraday low level 93.92 , so after that we can see a down rally , its making retracement right now

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    cadchfdaily.png
    pair , CAD/JPY , closing was with the good bullish bias and this week opening gets respect from last week closing , opening above last week candles price already move above 97.13 ( intraday higher ), so we can see that bullish trend will continue

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    cadjpyh4.png
    CAd/JPY yesterday was not good to trade , because market in whole day made a bit movement , and then after make ended with the reversal doji and today since opening we are seeing the downward candle , interested to sell the market

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    cadjpyh4.png
    CAd/JPY yesterday was not good to trade , because market in whole day made a bit movement , and then after make ended with the reversal doji and today since opening we are seeing the downward candle , interested to sell the market

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    cadjpyh1.png
    Market is moving above the daily pivot point 97.75 , but it just due to the facts of the friday nfp otherwise market should be down , next thing thing is to keep in notice, market is not getting any movement after nfp and lot of spinning tops , so prior trend is losing the momentumn , so if market do want to make more higher , had to break 98.34 and have to candle close above it , but lot of attpemt remain failed so means more likely the 23.6 fibo levels can be hit

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    There is only 6 pips difference from last here yet from the daily previous higher(new=98.91,old 98.85) and after making a doji market isn't interested to give more strength to the bullish trend , would be interested as long this strong resistance there more likely more to reverse it's positions

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    Well it's not bad but market giving the old resistance levels more than several times , making doji and yesterday hammer , but avoid hammer in bulls and today opening still negative and now market is reject the 70 rsi levels which showing the more tendency of remain bearish

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