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CADJPY may drive along with Commodity data

ijayakumar 24 11月的订阅  在 #Trader's blog #Trendline #Cadjpy
Canadian dollar was having poor start of the week, but today's increasing commodity price has helped it to gain some momentum. With respect to the Thanks giving week, the commodity data may still drive few more days to take CAD to LONG position. Please find the CADJPY 4HR chart analysis,
As the chart shows, the bullish reaction started with an engulfing green candle. Also this price range applicable to previous price action bottom also. Hence it highly likely to continue the bullish run and hit…
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CADJPY is expected to continue short bullish channel

ijayakumar 发布14 11月 为分析在 CAD/JPY , Target: 94.4300, 日期: 1 于 1月, 12:00 GMT  在 #Technical analysis #Price Action #CAD/JPY #Cadjpy #Candlestick
CADJPY is slowly recovering from Chinese hit back with lot of Doji's which shows the existing downside pressure and also the Risk Off trading. But as the recovery is slowly stabilizing, I expect this pair to move high with bullish channel. Please find the chart analysis,
Monthly chart:
 - This pair has formed a nice range trading since mid of 2013 between 92 and 105
- Recent breakout suggests a downside breakout but it appears to be a false breakout, as the pair is slowly approaching to their pr…
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ijayakumar 20 11月

CAD is still moving slowly, but it has more time to develop it's bull run against Yen. Hope Canada picks up the race starting from the current CPI value.

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