Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.228
Buy
RSI(14)
63.865
Neutral
STOCH(KDJ)(9,3,3)
86.895
Overbought
ATR(14)
0.915
Low Volatility
CCI(14)
123.386
Buy
Williams %R
7.587
Overbought
TRIX(12,20)
0.061
Sell
StochRSI(14)
100.000
Buy
CAD/JPY
CADJPYMarket is Closed
View Detailed Chart
107.607JPY
+0.520+0.49%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
+0.49%
5 Days
+0.95%
1 Month
+2.25%
6 Months
-1.75%
Year to Date
-1.38%
1 Year
-7.09%
View Detailed Chart
Key Data Points
Opening Price
106.968Previous Closing Price
107.087Indicators
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
107.107
Buy
MA10
106.483
Buy
MA20
106.244
Buy
MA50
105.275
Buy
MA100
104.446
Buy
MA200
106.491
Buy
CAD/JPY Trading Strategy
Intraday
Short Term
Trading Strategy
The price could retrace.
Alternative scenario
below 106.82, expect 106.43 and 106.19.
Comment
as long as 106.82 is support look for 108.01
Fri, Jul 11
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.
