Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.362
Neutral
RSI(14)
53.128
Neutral
STOCH(KDJ)(9,3,3)
61.855
Neutral
ATR(14)
1.064
Low Volatility
CCI(14)
77.906
Neutral
Williams %R
27.636
Buy
TRIX(12,20)
0.020
Sell
StochRSI(14)
59.754
Neutral
CAD/JPY
CADJPYMarket is Closed
View Detailed Chart
104.249JPY
-0.511-0.49%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
-0.49%
5 Days
-0.72%
1 Month
-0.26%
6 Months
-5.60%
Year to Date
-4.46%
1 Year
-8.41%
View Detailed Chart
Key Data Points
Opening Price
104.628Previous Closing Price
104.76Indicators
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.
Neutral
Moving Average
Indicators
Value
Direction
MA5
104.026
Buy
MA10
103.895
Buy
MA20
103.294
Buy
MA50
103.605
Buy
MA100
105.648
Sell
MA200
106.708
Sell
CAD/JPY Trading Strategy
Intraday
Short Term
Trading Strategy
The configuration is negative.
Alternative scenario
above 104.80, look for 105.28 and 105.57.
Comment
the downside prevails as long as 104.80 is resistance
21 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.
