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CAD/JPY

CADJPY
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111.965
+0.056+0.05%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.05%

5 Days

-1.17%

1 Month

+0.85%

6 Months

-2.21%

Year to Date

-1.94%

1 Year

+1.87%

Key Data Points

Opening Price

111.901

Previous Closing Price

111.909
Price Range of the Day
111.726111.984
52-Week Price Range
109.553117.507

CAD/JPY Trading Strategy

Intraday
Short Term
Rebound above 111.84 towards 112.63

Trading Strategy

Rebound above 111.84 towards 112.63

Alternative scenario

below 111.84, expect 111.59 and 111.44.

Comment

Rebound above 111.84 towards 112.63

14 hours ago
Source: Trading Central(Reference Only)

Indicators

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(8)
Neutral(3)
Buy(1)
Indicators
Sell(3)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.174
Neutral
RSI(14)
46.329
Neutral
STOCH(KDJ)(9,3,3)
18.062
Sell
ATR(14)
0.619
Low Volatility
CCI(14)
-93.977
Neutral
Williams %R
78.135
Sell
TRIX(12,20)
0.038
Sell
StochRSI(14)
17.321
Oversold
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
112.102
Sell
MA10
112.558
Sell
MA20
112.366
Sell
MA50
111.800
Buy
MA100
113.199
Sell
MA200
114.101
Sell

About 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.

Is CADJPY (CADJPY) a safe investment?

No investment is completely risk-free. The risk level of CADJPY (CADJPY) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.

CAD/JPY

111.965
+0.056+0.05%
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