Home About the company Daily reviews CAD/JPY currency pair analysis

CAD/JPY currency pair analysis

25.08.2022

Market Review

The ascending wave structure is truncated. The Awesome Oscillator indicates bearish divergence, and the Stochastic Oscillator indicator signals overbought.

Trading idea:

Sell on the formation of a downward wave structure, where wave (A) breaks the inclined channel of the upward truncated structure.

Stop-loss at the local maximum of the ascending structure.

Target levels: 104.90; 103.27.

Author: GC
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?