CAD/JPY ka jor abhi bhi upar ki taraf chal raha hai, 100 aur 200-period ke exponential moving averages (EMA) se upar trade kar raha hai lekin filhal daily pivot level se neeche hai. Asian session ke doran, bears ne pair ko neeche push karne ki koshish ki, magar ab bulls upar ki taraf movement shuru karne aur 50-period EMA ke upar position banaye rakhne ki koshish kar rahe hain. Agar bulls pivot level ke upar position banaye rakhne mein kamiyab hote hain, to zyada upar ki movement dekhne ko mil sakti hai, khaaskar jab pehla resistance level, jiska high Friday ko update hua, ke upar solid consolidation ke baad. Jab tak price pivot level ke neeche hai, selling opportunities consider ki ja sakti hain, lekin ye zaroori hai ke EMAs se koi strong bounce upwards ho sakta hai, jo uptrend ko continue karne ka sabab ban sakta hai.
Resistance level CAD/JPY ke price ke liye ek challenge ban raha hai. Chart se dekha jaye to buyers ko is key level ko paar karne mein kam se kam 17 din lage, aur phir ek bullish candle finally successful closing ke sath iske upar ban gayi chaar din ke andar. Chart ko observe karte hue, ye clear hai ke ye ek valid breakout hai, aur resistance ab support function mein aa gaya hai. Resistance break hone ke baad price movements ke typical pattern ko dekhte hue, agla target CAD/JPY ke liye 112.50 hone ka andaza lagaya ja raha hai. Lekin 112.50 tak pahunchnay se pehle, aksar RBS (Resistance Become Support) tak pullback aata hai. Friday, February 16 ko candle shooting star ki tarah nazar aayi, jo ke RBS tak pullback ke indication ko mazid barhata hai.
Summary mein, CAD/JPY pair ek challenging phase mein hai, jahan resistance levels significant obstacles bana rahe hain. Traders ko pivot level aur EMAs ke aas paas price action ko closely monitor karna chahiye taake bullish aur bearish sentiment ki strength ko gauge kiya ja sake. Agar resistance level ke upar breakout hota hai, to ye further upside potential ko signal kar sakta hai, lekin traders ko possible pullbacks aur price reversals ke liye tayar rehna chahiye, khaaskar Friday ko dekhi gayi shooting star pattern ko madde nazar rakhte hue. Overall, ek cautious aur strategic approach ke sath, aur diligent risk management ke sath trading opportunities ko identify karna zaroori hai.
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