Weekly CADJPY Technical Analysis and Forecast - Forex - Forecast City

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Weekly forecast		Canadian Dollar / Japanese Yen technical chart
Symbol	CADJPY	Download MT4 template file Trading suggestion: By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
Date	August 24, 2019 - 18:26
Current	range bound
Forecast	beginning of uptrend
Midterm forecast: While the price is above the support 79.000, beginning of uptrend is expected. We make sure when the resistance at 81.000 breaks. If the support at 79.000 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The descending flag taking shape suggests we will soon see another leg lower. A peak is formed in daily chart at 80.35 on 08/21/2019, so more losses minimum to Major Support (79.00) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 36. Supports and Resistances: 91.65 Resistance on 01/05/2018 Resistance on 09/15/2017 Peak on 09/15/2017 Support on 12/04/2015 Support on 12/03/2015 Support on 11/30/2015 Support on 11/27/2015 Support on 11/24/2015 Support on 11/23/2015 88.45 Support on 10/03/2018 Support on 01/23/2018 Support on 01/22/2018 Support on 01/19/2018 Support on 01/17/2018 Support on 01/11/2018 Support on 01/10/2018 Resistance on 12/20/2017 Resistance on 12/12/2017 Resistance on 12/11/2017 Resistance on 12/08/2017 Resistance on 12/01/2017 Support on 10/27/2017 Support on 10/26/2017 Resistance on 09/05/2017 Resistance on 09/04/2017 Support on 07/28/2017 Support on 07/27/2017 Support on 07/24/2017 Support on 07/21/2017 Resistance on 07/11/2017 Resistance on 07/07/2017 Resistance on 01/09/2017 Resistance on 01/06/2017 Resistance on 01/04/2017 Resistance on 12/19/2016 Resistance on 12/14/2016 Resistance on 12/12/2016 86.30 Resistance on 12/03/2018 Resistance on 11/16/2018 Resistance on 11/15/2018 Resistance on 11/14/2018 Resistance on 11/13/2018 Resistance on 11/12/2018 Resistance on 11/02/2018 Resistance on 11/01/2018 Resistance on 10/31/2018 Resistance on 10/30/2018 Support on 10/17/2018 Support on 09/27/2018 Resistance on 09/14/2018 Resistance on 08/01/2018 Peak on 08/01/2018 85.25 Resistance on 03/01/2019 Resistance on 12/13/2018 Peak on 12/13/2018 Resistance on 12/05/2018 Support on 11/30/2018 Support on 11/29/2018 Support on 11/28/2018 Support on 11/26/2018 Support on 11/23/2018 Support on 11/22/2018 Support on 11/19/2018 Support on 10/29/2018 Support on 10/26/2018 Resistance on 08/23/2018 Resistance on 08/15/2018 Resistance on 08/10/2018 Support on 08/07/2018 Resistance on 07/30/2018 Resistance on 07/27/2018 Resistance on 07/26/2018 Resistance on 07/25/2018 Resistance on 07/20/2018 Resistance on 06/13/2018 Resistance on 06/07/2018 Resistance on 06/06/2018 Support on 05/23/2018 Resistance on 04/30/2018 Resistance on 04/26/2018 Resistance on 04/25/2018 Resistance on 04/19/2018 Resistance on 04/18/2018 Resistance on 04/17/2018 Resistance on 04/13/2018 Resistance on 04/12/2018 Resistance on 04/10/2018 Resistance on 02/21/2018 Resistance on 02/16/2018 Support on 02/14/2018 Support on 02/13/2018 Resistance on 06/27/2017 Resistance on 03/17/2017 Resistance on 03/10/2017 Resistance on 03/08/2017 Support on 03/02/2017 Support on 02/27/2017 Support on 02/06/2017 Resistance on 11/30/2016 Resistance on 05/31/2016 Resistance on 05/30/2016 Resistance on 05/26/2016 Resistance on 05/17/2016 Resistance on 05/12/2016 Resistance on 04/18/2016 Resistance on 04/15/2016 Resistance on 04/12/2016 Resistance on 04/05/2016 Support on 04/01/2016 Support on 03/22/2016 Resistance on 03/03/2016 Resistance on 03/02/2016 Resistance on 03/01/2016 84.25 Resistance on 04/17/2019 Resistance on 04/15/2019 Resistance on 03/04/2019 Resistance on 02/26/2019 Resistance on 02/25/2019 Resistance on 02/22/2019 Resistance on 02/21/2019 Resistance on 02/20/2019 Support on 12/11/2018 Support on 12/10/2018 Support on 09/10/2018 Support on 09/06/2018 Support on 09/04/2018 Support on 08/21/2018 Support on 08/20/2018 Support on 08/15/2018 Support on 08/14/2018 Support on 08/10/2018 Support on 07/24/2018 Trough on 07/24/2018 Support on 07/11/2018 Support on 07/09/2018 Resistance on 07/05/2018 Resistance on 07/04/2018 Resistance on 07/03/2018 Resistance on 07/02/2018 Support on 06/08/2018 Support on 06/07/2018 Support on 06/05/2018 Resistance on 05/29/2018 Support on 04/20/2018 Resistance on 04/09/2018 Resistance on 04/06/2018 Resistance on 04/05/2018 Resistance on 02/28/2018 Support on 02/26/2018 Support on 06/27/2017 Resistance on 06/23/2017 Resistance on 06/22/2017 Resistance on 06/16/2017 Resistance on 03/31/2017 Resistance on 03/21/2017 Support on 03/17/2017 Support on 02/28/2017 Resistance on 11/29/2016 Resistance on 11/25/2016 Resistance on 06/10/2016 Support on 05/31/2016 Resistance on 05/20/2016 Resistance on 05/04/2016 Support on 03/15/2016 82.55 Resistance on 08/01/2019 Resistance on 07/31/2019 Resistance on 07/26/2019 Resistance on 07/25/2019 Resistance on 07/22/2019 Resistance on 07/19/2019 Support on 07/05/2019 Resistance on 07/02/2019 Resistance on 05/22/2019 Resistance on 05/21/2019 Resistance on 05/07/2019 Support on 04/30/2019 Support on 04/25/2019 Support on 03/11/2019 Support on 03/08/2019 Support on 02/11/2019 Resistance on 01/29/2019 Resistance on 01/22/2019 Resistance on 01/17/2019 Resistance on 12/21/2018 Support on 06/28/2018 Support on 06/27/2018 Support on 06/22/2018 Support on 06/21/2018 Support on 06/19/2018 Support on 04/04/2018 Resistance on 04/02/2018 Resistance on 03/08/2018 Resistance on 03/06/2018 Support on 03/01/2018 Support on 06/15/2017 Support on 06/14/2017 Resistance on 06/12/2017 Resistance on 06/02/2017 Resistance on 06/01/2017 Resistance on 05/31/2017 Support on 05/29/2017 Support on 05/26/2017 Support on 05/24/2017 Resistance on 05/22/2017 Resistance on 05/19/2017 Support on 05/15/2017 Support on 05/12/2017 Support on 05/11/2017 Support on 05/09/2017 Resistance on 05/05/2017 Resistance on 04/13/2017 Support on 04/07/2017 Support on 04/04/2017 Support on 03/28/2017 Support on 03/27/2017 Support on 03/22/2017 Support on 11/23/2016 Resistance on 11/21/2016 Resistance on 07/15/2016 Support on 06/13/2016 Support on 06/02/2016 Support on 05/09/2016 Support on 05/06/2016 Resistance on 02/23/2016 Resistance on 02/22/2016 81.75 Resistance on 06/20/2019 Resistance on 06/12/2019 Resistance on 06/11/2019 Resistance on 05/17/2019 Resistance on 05/16/2019 Resistance on 05/13/2019 Resistance on 05/09/2019 Support on 05/07/2019 Support on 05/06/2019 Support on 03/25/2019 Support on 03/22/2019 Support on 01/22/2019 Trough on 01/22/2019 Support on 01/17/2019 Support on 01/16/2019 Resistance on 01/07/2019 Resistance on 12/24/2018 Support on 04/03/2018 Resistance on 03/23/2018 Support on 03/14/2018 Support on 03/07/2018 81.00 Resistance on 08/13/2019 Resistance on 08/06/2019 Support on 06/25/2019 Support on 06/19/2019 Support on 06/07/2019 Resistance on 06/05/2019 Support on 05/30/2019 Support on 05/29/2019 Support on 05/28/2019 Support on 05/15/2019 Support on 05/14/2019 Support on 05/13/2019 Support on 01/07/2019 Resistance on 12/31/2018 Support on 12/27/2018 Support on 12/26/2018 Support on 12/24/2018 Support on 03/23/2018 Support on 03/20/2018 79.00 Support on 08/07/2019 Support on 01/03/2019 Support on 11/14/2016 Resistance on 10/28/2016 Resistance on 10/20/2016 Resistance on 10/12/2016 Resistance on 10/11/2016 Resistance on 10/10/2016 Resistance on 09/01/2016 Resistance on 08/31/2016 Support on 07/26/2016 Resistance on 06/28/2016 Support on 01/20/2016 Support on 11/13/2012 Support on 11/09/2012 Support on 10/01/2012 Support on 09/28/2012 Support on 09/06/2012 Support on 09/05/2012 Support on 08/31/2012 Support on 08/30/2012 Support on 08/22/2012 Resistance on 08/13/2012 Resistance on 08/08/2012 Resistance on 08/07/2012 Resistance on 07/05/2012 Resistance on 07/04/2012 Resistance on 07/03/2012 Support on 05/09/2012 Support on 02/17/2012 Resistance on 02/15/2012 Resistance on 11/01/2011 Resistance on 10/31/2011 Resistance on 09/01/2011 Resistance on 08/29/2011 Resistance on 08/10/2011 Support on 03/17/2011 Support on 03/16/2011 Support on 10/28/2010 Support on 10/27/2010 Support on 10/26/2010 Support on 10/25/2010 Support on 10/22/2010 Support on 10/21/2010 Support on 10/20/2010 Support on 10/19/2010 Support on 09/01/2010 Support on 08/31/2010 Support on 08/25/2010 Support on 08/24/2010 Support on 07/13/2009 Support on 07/10/2009 Support on 07/08/2009 Support on 04/27/2009 Support on 04/24/2009 Support on 04/23/2009 Support on 04/22/2009 Support on 04/21/2009 Support on 04/20/2009 Resistance on 04/01/2009 Resistance on 03/31/2009 Resistance on 03/30/2009 Support on 03/26/2009 Resistance on 02/26/2009 Resistance on 01/07/2009 Resistance on 01/06/2009 Resistance on 11/25/2008 Resistance on 11/24/2008 Resistance on 11/19/2008 Support on 10/31/2008 Support on 10/30/2008 Resistance on 10/28/2008 Resistance on 10/24/2008 Resistance on 10/23/2008 75.40 Support on 11/09/2016 Support on 09/27/2016 72.15 Support on 10/04/2011 Support on 02/12/2009 Support on 02/11/2009 Support on 02/10/2009 Support on 02/05/2009 Support on 02/04/2009 Support on 01/30/2009 Support on 01/28/2009 Resistance on 01/23/2009 Support on 01/19/2009 Support on 01/13/2009 Support on 12/19/2008 Support on 12/17/2008 Support on 12/12/2008 Support on 12/05/2008 Support on 12/04/2008 Support on 11/21/2008 68.85 Support on 01/21/2009 Click on the level to view price action history.

Symbol	Released	Current	Forecast
Canadian Dollar / Japanese Yen (CADJPY)	Sun, 14 Apr 2024
Canadian Dollar / Japanese Yen (CADJPY)	Sat, 6 Apr 2024
Canadian Dollar / Japanese Yen (CADJPY)	Mon, 1 Apr 2024
Canadian Dollar / Japanese Yen (CADJPY)	Sun, 31 Mar 2024
Canadian Dollar / Japanese Yen (CADJPY)	Sun, 24 Mar 2024