Tag: CADJPY

Nov 24
CADJPY Wave Analysis – 24 November, 2022

• CADJPY under bearish pressure • Likely to fall to support level 102.65 CADJPY under the bearish pressure after recently breaking the key support level 104.50 (which has been reversing the price from September), intersecting with the 50% Fibonacci correction of the upward impulse from May. The breakout support level 104.50 accelerated the active impulse […]

Nov 14
CADJPY Wave Analysis – 14 November, 2022

• CADJPY reversed from support level 104.90 • Likely to rise to resistance level 107.25 CADJPY reversed up from the key support level 104.90 (which has been reversing the price from August), 50% Fibonacci correction of the upward impulse form May, standing near the lower daily Bollinger Band. The upward reversal from the support level […]

Oct 04
CADJPY Wave Analysis – 4 October, 2022

• CADJPY reversed from support level 104.90 • Likely to rise to resistance level 107.25 CADJPY currency pair recently reversed up from the key support level 104.90 (former resistance from the start of March), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from May. The upward reversal from the support […]

Aug 03
CADJPY Wave Analysis – 3 August, 2022

• CADJPY reversed from support level 102.00 • Likely to rise to resistance level 105.00 CADJPY currency pair recently reversed up from the key support level 102.00 (former resistance from April, which stopped the earlier minor correction (a) in June). The support zone near the support level 102.00 was strengthened by the lower daily Bollinger […]

Jul 26
CADJPY Wave Analysis – 26 July, 2022

• CADJPY reversed from support area • Likely to rise to resistance level 107.40 CADJPY currency pair recently reversed up from the support area located between the key support level 105.00, support trendline from June, 20-day moving average and the 61.8% Fibonacci correction of the earlier upward impulse from the start of July. The upward […]

Jul 21
CADJPY Wave Analysis – 20 July, 2022

• CADJPY reversed from resistance area • Likely to fall to support level 106.00 CADJPY currency pair recently reversed down from the resistance area lying between the resistance level 107.25 (previous monthly high from June) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the previous multi-impulse sequence made out […]

May 27
CADJPY Wave Analysis – 27 May, 2022

• CADJPY reversed from support zone• Likely to rise to resistance level 101.00 CADJPY earlier reversed up from the combined support zone located between the support level 98.45, lower daily Bollinger Band and the upper trendline of the recently broken weekly up channel from last year, The upward reversal from this support zone started the […]

Apr 15
CADJPY Wave Analysis – 15 April, 2022

• CADJPY under the bullish pressure• Likely to rise to resistance level 102.00 CADJPY is under the bullish pressure – after the pair broke the round resistance level 100.00 (which stopped the previous impulse wave 3 last month). The breakout of the resistance level 100.00 accelerated the active impulse waves 5 and (C). Given the […]

Feb 22
CADJPY currency pair Wave Analysis – 22 February, 2022

• CADJPY currency pair reversed from support area • Likely to rise to resistance level 91.00 CADJPY currency pair earlier reversed up from the support zone located between the round support level 90.00 (which has been reversing the pair from the middle of January), support trendline from September, lower daily Bollinger Band and the 50% […]