Analytics for CAD/JPY Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the …
The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The support level of 80.00 curbs the buyers.
Trading idea:
Buy at the formation of the ascending wave structure, where the A wave breaches the sloping …
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the …
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