CM Trade

Download APP to receive bonus


CAD/JPY intraday: the upside prevails as long as 107.42 is support


107.42 is our pivot point.

Our preference: the upside prevails as long as 107.42 is support.

Alternative scenario: the downside breakout of 107.42 would call for 106.93 and 106.64.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 107.68 and 107.71).

Supports and resistances:

109.33 **

109.04 *

108.74 **


107.85 last


107.42 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar