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CAD/JPY in an uptrend

Situation:

The pair is in an overall uptrend. A minor pullback is in action, but a strong weekly nullish candle is closed, for this reason i expect the
price to continue and move higher.
Expected rate: 93.600
Weekly chart:
On the weekly chart you can see the strong bullish candle which can take to a continuation of the trend.
Daily chart:
A possible scenario is described.
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Shuael 28 Dez

I used a wrong timeline, setted on the 20 of feb.

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CAD/JPY prediction 1st of July

Weekly chart:
On the weekly chart i draw some trendlines which suggest a possible up move of the price to follow the channel.
Daily chart:
On the daily chart i draw the possible scenario considering the weekly trendlines/channel and also some important price levels.
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CAD/JPY Prediction for the 1st of June

Weekly chart:
As you can see from the weekly chart this pair is in a long term downtrend, but it came along with some support zones. which should be tested.
Daily cahrt:
On the daily chart i draw the possible scenario. As you can see, i expect the price to retest the previous resistence levels and then move again down till the next support zones.
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CAD/JPY down to 92.9270

General:
The pair is in a downtrend from the beginning of this year. Now as you can see from the daily chart we had an up retracement, which, i think, came to an end.
Expected rate of the pair for 1st of May: 92.9270
Support: 90.560; 92.9270
Resistence:
On the weekly chart:
On the weekly chart i pointed out some important trendlines.,
On the daily chart:
On the daily chart i used the trendlines i found on the weekly chart in order to draw a possible price action.
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CAD/JPY up to 99.120

General:
The pair has met an important support level around 91.740 from which i expect a retracement
Expected rate of the pair for 1st of April: 99.120
Support: 91.740
Resistence: 95.225; 99.120
On the weekly chart:
On the weekly chart i used fibonacic retracement and i draw some important trend lines which may affect the movement of the price.
On the daily chart:
On the daily chart i used fibonacci retracement in order to individuate the possible target.
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CAD/JPY down to 90.7300

General:
The pair , on the daily chart, in a downtrend, wchich, i think will continue.
Expected rate of the pair for 2nd of March: 90.7300
Support: 90.730; 92.930;
Resistence: 96.222; 99.607
On the weekly chart:
On the weekly chart it's possible to identify the head and shoulder pattern in action, which is a stron indicator for the bearish market.
On the daily chart:
For the reason i described above, i think that the price will move down till my target.
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CAD/JPY up to 106.480

General:
The pair is in a very strong up trend, but i think that there will be a retracement before the price will go up again.
Expected rate of the pair for 2n of January :106.4800
Support: 99.610
Resistance: 106.4800
On the weekly chart:
On the weekly chart i pointed out a very strong resistence level which is also my possible target, because i think that IF the price will go up it will go till that level.
On the daily chart:
On the daily chart i used fibonacci retracements in order to individ…
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CAD/JPY down to 92.954

General:
The Pair is in a downtrend shown by the trendlines.
Expected rate of the pair for 3rd of November : 92.9540
Support: around :96.099 and 93.940 ( this one is very strong)
On the monthly chart:
The whole pair is limited by one support ( around: 70.140) and by one resistance ( around:100.91).
The price hit the resistance level, for this reason i think it will go down.

On the Daily Chart;
The price will break the triangle pattern and it will go farther down, as shown on the chart.
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Shuael 15 Out

Update: The pair went straight down without , almost, any indecision.

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Shuael 24 Out

The pair has hit my target very fast then it went straight up again.

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CAD/JPY down to 92.5

General:
The pair seems to be in a downtrend after the price broked a strong resistence level around :93.333
Also the trend line shows the same situation
Expected rate of the pair for 1st of September: 92.5
Resistence : around 94.053
Support: 93.333 and 92.8
On the Weekly chart :
The strong support has been broken. And the price is going down.
On the Daily Chart:
The price is going down and it will find some recistances and supports. around the shown points .
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Haynes6EU avatar

Nice weekly chart :)

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Shuael 16 Ago

Thank you, hope it will be as i predicted :)

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