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Tuesday, May 25, 2021

CADJPY Currency Analysis (Tuesday of Week: 21 of 2021)

CAD/JPY

CADJPY Market Sentiment: Bullish (Long Term Bearish )  

The candlestick is a representation of people's behaviour, hence PATTERN Formations will always vary but always have a recognisable shape (or pattern).


Writer: Nature
Editor (s): Nature & Awe Olufunso
Publisher: Awe Olufunso

Sunday, May 23, 2021

Currency Analysis (Week: 20 of 52): CADJPY, GBPUSD & XAUUSD

 
CADJPY 

CADJPY Market Sentiment: Bearish (Short Term Bullish) 


GBPUSD 

GBP/USD Market SentimentBullish (Long Term Bearish) 


XAUUSD 

XAUUSD Market SentimentBearish

Tuesday, May 18, 2021

CADJPY Currency Analysis (Tuesday of Week: 20 of 2021)

 

CADJPY 





CADJPY Market Sentiment: Bullish (Long Term Bearish ) 

 

A pattern is forming (Rising wedge) 

Adding to that, always look for a PATTERN most likely a bear flag and make sure you ENTER from a pull back close to the breakout point or just above the entry line in the image above.

Sunday, May 16, 2021

Currency Analysis (Week: 19 of 52): GBPUSD & CADJPY

CAD/JPY 

CADJPY Market Sentiment: Bearish 

Using the RSI basic rules

The relative strength index (RSI) help tells traders when a price of a certain currency is temporarily overbought or oversold.