• 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 […]
• 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 […]
• 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 […]
• 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 […]
• 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% […]