Assalamu alaikum friends and respected forum members.The currency strength meter showing today that Euro, Canadian dollar and Japanese yen , all three are getting stronger above the neutral condition.We should decide direction on the basis of technicals.
Cad/jpy analysis
On the day by day outline Tenkan-sen line is above Kijun-sen, the lines are level . Confirmative line Chikou Span is over the value of Cad/jpy , current cloud is climbing. The tool is exchanging above Tenkan-sen and Kijun-sen lines; the Bullish pattern is as yet solid. The nearest uphold level is Tenkan-sen line (81.64). One of the past maximums of Chikou Span line is required to be an opposition level (83.90).
It is prescribed to open long situations at current cost with Take Profit at the degree of past limit of Chikou Span (83.61) line and Stop Loss at the degree of Kijun-sen line (81.49).
Euro/cad analysis
On the day by day outline Tenkan-sen line is underneath Kijun-sen, the red line is coordinated downwards, while the blue one remaining parts level. Confirmative line Chikou Span is underneath the value of Eur/cad, current cloud is climbing. The tool Eur/cad is exchanging underneath Tenkan-sen and Kijun-sen lines; the Bearish pattern is as yet solid. One of the past essentials of Chikou Span line is relied upon to be a help level (1.5360). One of the past maximums of Chikou Span line is required to be an opposition level (1.5498).
On the day by day graph we can see an amendment of the descending development. It is prescribed to open short situations at current cost with the objective at the degree of past least of Chikou Span line (1.5223) and Stop Loss at the lower line of the cloud (1.5508).
Cad/jpy analysis
On the day by day outline Tenkan-sen line is above Kijun-sen, the lines are level . Confirmative line Chikou Span is over the value of Cad/jpy , current cloud is climbing. The tool is exchanging above Tenkan-sen and Kijun-sen lines; the Bullish pattern is as yet solid. The nearest uphold level is Tenkan-sen line (81.64). One of the past maximums of Chikou Span line is required to be an opposition level (83.90).
It is prescribed to open long situations at current cost with Take Profit at the degree of past limit of Chikou Span (83.61) line and Stop Loss at the degree of Kijun-sen line (81.49).
Euro/cad analysis
On the day by day outline Tenkan-sen line is underneath Kijun-sen, the red line is coordinated downwards, while the blue one remaining parts level. Confirmative line Chikou Span is underneath the value of Eur/cad, current cloud is climbing. The tool Eur/cad is exchanging underneath Tenkan-sen and Kijun-sen lines; the Bearish pattern is as yet solid. One of the past essentials of Chikou Span line is relied upon to be a help level (1.5360). One of the past maximums of Chikou Span line is required to be an opposition level (1.5498).
On the day by day graph we can see an amendment of the descending development. It is prescribed to open short situations at current cost with the objective at the degree of past least of Chikou Span line (1.5223) and Stop Loss at the lower line of the cloud (1.5508).
تبصرہ
Расширенный режим Обычный режим