Analysis For Beginners: CAD/JPY – Breaking Trend Line, Time For Growth?

Weekly chart of CAD/JPY pair shows that the price begins to recover after a long downtrend. This week we have already recorded third candle...

CADJPY – Breakout From Bearish Channel

Movement in the interior of the channel lasted 2.5 months As long as CADJPY was moving inside descending channel, the direction of the trend was...

Trading For Beginners – CADJPY Below Important Support

CADJPY after three weeks fight with support area 82.70 finally closed below it. Current trend is considered as bearish and this break opens way...

CADJPY Re-tests Important Support

Pair CADJPY has been moving in a consolidation for three weeks. Today, for the third time in a row the market is in the...

Analysis For Beginners: CAD/JPY in Bearish Channel

On daily chart of pair CAD/JPY you can see that the huge and extremely dynamic wave of growth stopped at the level of the...

CADJPY – Testing Key Support Area. Time for Rebound?

The CADJPY pair since beginning of this week is testing a key support area of 82.70, which has been a good performer in the...

CADJPY – Test of Key Support at 82.20

Is it time for correction in downward movement? After almost 2 weeks of continuous declines CADJPY has reached key support. At 82.20 there should...

CADJPY – Potential Purchasing Opportunity?

Last Friday, the currency pair CADJPY reached resistance level near 89.60. From there rebounded and moved to support at level 87.10 coinciding with the...

AUDJPY and CADJPY at Key Resistance

AUDJPY for long time moves up. In the beginning of the week market reached target around 86.50. For three days it is oscillating around this...

CADJPY – Getting Closer to the Key Resistance

As chart W1 below shows the CADJPY for five weeks has been growing rapidly and was able to make up the loss from nearly...

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