CM Trade

Download APP to receive bonus


CAD/JPY intraday: the upside prevails as long as 109.05 is support


109.05 is our pivot point.

Our preference: the upside prevails as long as 109.05 is support.

Alternative scenario: below 109.05, expect 108.75 and 108.57.

Comment: the RSI is above its neutrality area at 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 109.25 and 109.22).

Supports and resistances:

110.23 **

110.05 *

109.87 **


109.32 last


109.05 **

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