empty
10.09.2024 07:44 AM
Technical Analysis of Daily Price Movement of CAD/JPY Cross Currency Pairs, Tuesday September 10, 2024.

This image is no longer relevant

If we look at the 4-hour chart of the CAD/JPY cross currency pair, there is a deviation between its price movement and the MACD Histogram indicator, which indicates that in the next few days it has the potential to weaken, but as long as the weakening does not exceed below the level of 101.65, CAD/JPY has the opportunity to strengthen again to rise to the level of 109.03 and if this level is successfully broken upwards and supported by sufficient momentum and volatility, it is not impossible for CAD/JPY to continue its strengthening to the level of 112.09.

(Disclaimer)

Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST

Recommended Stories

Technical Analysis of Intraday Price Movement GBP/CHF Cross Currency Pairs, Thursday March 20, 2025.

Currently on the 4-hour chart, the GBP/CHF cross currency pair is seen moving in a Sideways condition, this can be seen from the WMA (30 Shift 2) moving through

Arief Makmur 07:23 2025-03-20 UTC+2

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday March 20, 2025.

As seen on the 4-hour chart, the Nasdaq 100 index appears to have 3 interesting things, namely the first is the appearance of a Bullish 123 pattern, the second

Arief Makmur 07:23 2025-03-20 UTC+2

GBP/USD Forecast for March 20, 2025

Yesterday, the pound sterling closed at the opening level, targeting 1.3001. This allowed the price to start today with a quiet upward movement above this level. The Marlin oscillator successfully

Laurie Bailey 03:37 2025-03-20 UTC+2

EUR/USD Forecast for March 20, 2025

The Federal Reserve meeting has concluded, and our expectation that economic risks would be highlighted was correct. Both the accompanying statement and Powell's speech emphasized these concerns. The central bank

Laurie Bailey 03:37 2025-03-20 UTC+2

USD/JPY Forecast for March 20, 2025

Yesterday's Bank of Japan and Federal Reserve meetings were uneventful, but they did not provide any reasons for the yen to weaken against the dollar. Instead, the yen's strengthening trend

Laurie Bailey 03:37 2025-03-20 UTC+2

Trading Signals for EUR/USD for March 19-21, 2025: sell below 1.0900 (+2/8 Murray + 21 SMA)

If the euro falls and consolidates below 1.09 and below the 21 SMA in the coming hours, this could be seen as an opportunity to sell with targets at 1.0830

Dimitrios Zappas 14:01 2025-03-19 UTC+2

Trading Signals for GOLD (XAU/USD) for March 19-21, 2025: sell below $3,045 (+2/8 Murray + 21 SMA)

A consolidation below $3,045 could mean a technical correction toward the psychological level of $3,000. Therefore, we will look for shorting opportunities in the coming days as long

Dimitrios Zappas 14:00 2025-03-19 UTC+2

Forecast for EUR/USD on March 19, 2025

On Tuesday, the EUR/USD pair retested the 1.0944 level twice and encountered two rejections, leading to a reversal in favor of the U.S. dollar and initiating a new decline towards

Samir Klishi 10:46 2025-03-19 UTC+2

GBP/USD. March 19th. The British Pound Prepares for a Decline

On the hourly chart, the GBP/USD pair rallied to the 127.2% Fibonacci retracement level at 1.3003 on Tuesday, encountering two rejections at this level. As a result, a reversal

Samir Klishi 10:43 2025-03-19 UTC+2

Technical Analysis of Intraday Price Movement of Silver Commodity Instrument, Wednesday March 19, 2025.

Although on the 4-hour chart, the Silver commodity instrument is seen moving in a Bullish condition where this is indicated by its price movement moving above the EMA (21)

Arief Makmur 06:04 2025-03-19 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.