Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.293
Neutral
RSI(14)
51.673
Neutral
STOCH(KDJ)(9,3,3)
81.520
Buy
ATR(14)
0.927
Low Volatility
CCI(14)
140.024
Buy
Williams %R
11.573
Overbought
TRIX(12,20)
-0.045
Sell
StochRSI(14)
98.159
Buy
CAD/JPY
CADJPYView Detailed Chart
103.639JPY
-0.006-0.01%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
-0.01%
5 Days
+0.42%
1 Month
-0.52%
6 Months
-4.96%
Year to Date
-5.02%
1 Year
-7.93%
View Detailed Chart
Key Data Points
Opening Price
103.607Previous Closing Price
103.645Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Buy
Moving Average
Indicators
Value
Direction
MA5
103.267
Buy
MA10
102.915
Buy
MA20
103.028
Buy
MA50
103.592
Buy
MA100
105.837
Sell
MA200
106.896
Sell
CAD/JPY Trading Strategy
Intraday
Short Term
Trading Strategy
The configuration is positive.
Alternative scenario
below 102.81, expect 102.34 and 102.05.
Comment
the upside prevails as long as 102.81 is support
16 hours ago
Source: Trading Central(Reference Only)
More Details of CAD/JPY
The CADJPY currency pair, which consists of the Canadian Dollar (CAD) and the Japanese Yen (JPY), is a popular pair in the forex market. This pair is known for its volatility and is often traded by investors seeking exposure to the commodity markets, as the Canadian economy is heavily influenced by the price of oil and other natural resources. Japan, on the other hand, is a major exporter of technology and automobiles, making the CADJPY pair sensitive to a wide range of economic and geopolitical events.
How does the price of oil affect the CADJPY pair?
As Canada is a major oil producer, the price of oil can have a significant impact on the Canadian Dollar. When oil prices rise, the CAD often strengthens, which can lead to an increase in the CADJPY exchange rate. Conversely, falling oil prices can weaken the CAD, leading to a decrease in the CADJPY rate.
Is the CADJPY pair suitable for beginner traders?
Due to its volatility, the CADJPY pair might not be the best choice for beginner traders. It is often recommended that beginners start with less volatile pairs to gain experience and understanding of the forex market.
What factors influence the CADJPY exchange rate?
The CADJPY exchange rate is influenced by various factors, including economic indicators from both Canada and Japan, such as GDP growth, interest rates, inflation, and trade data. Additionally, global commodity prices, particularly oil, and geopolitical events can impact the pair.
