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CAD/JPY LONG TRADE TRIGGERED BY A TECHNICAL BULLISH SIGNALS


This technical analysis used weekly and monthly charts for identifying the bigger picture of the market in particular for the cad jpy pair, various of technical tools utilized to recognize the most important and confirmed signal for the pair as follows:
Momentum indicator and stochastic oscillator to identify the strongest move for the pair.
as shown on the weekly and monthly charts there are an identical bullish signal generated by the stochastic and the momentum indicator that suggests a stro…
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cashshark 29 Aug.

CADJPY STARTED TO TAKE OFF TOWARDS MY PREDICTED TARGET 88.00 FOR September, 3

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cashshark 29 Aug.

now the cadjpy  pair is heading north towards my target 88.00 with acceleration in upside momentum

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cashshark 30 Aug.

CADJPY is still building Momentum ,and price needs a catalyst for speeding up  to hit 88.00 target price

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Bearish Bias Still in Play for AUD USD

The Aussie Dollar has been in a strong downtrend since October 2013 against the US Dollar, losing over 1,000 pips by the end of January this year. This decline coincided with the lower commodity prices for some of Australia´s exports including iron ore and coking coal as well as below-trend growth attributable to fiscal restraint and lower mining and non-mining investment. Traders also increased their short-positions in response to several comments from RBA Governor Glenn Stevens and other p…
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