Currency pair CADJPY unites Canadian dollar and Japanese yen, where the Canadian dollar represents base currency, and Japanese yen - quoted. As well as the majority of trading symbols containing the Japanese yen, this currency pair differs in the raised volatility and chaotic jumps of quotes. CADJPY is an export-oriented couple which reacts very sensitively to fundamental factors.
May break upside, so buy the breakout after correction will be a great idea.
Пара опускается вниз быстрыми темпами, советую всем трейдерам быть аккуратней с данным торговым инструментом.
We should be prepared for the massive sell off in this pair.
Entry long over the lower line with sl at break the lower line
BB corridor is now growing and we may see the trend extension
Согласно классическому волновому анализу,четвертая волна корректируется относительно третьей 38,2-50%,а длина пятой стремится к равенству или 127% первой. Даже если я ошибаюсь то стоп короткий и потери небольшие при правильных рисках.На реальном счете я зашел в sell.
The price has broken the resistive area really strong which opens the door to the price to reach the 100 level.
The trading instrument CADJPY dynamically reacts to the changes of Japanese and Canadian Central Bank monetary policy. The situation on the international commodity market has a strong impact on a pair, especially the oil price as Canada is the exporter of this hydrocarbon, and Japan - its consumer.
In forecasting, it is worth paying attention to US dollar exchange rate, considering the traditional dependence of Japanese yen on USA currency. Indicators of production, export of automobile industry, mechanical engineering, industrial and consumer electronics of Japan also considerably affect quotes of the tool.