CAD/JPY rising inside impulse waves 3 and (3)

CAD/JPY rising inside impulse waves 3 and (3)

  • CAD/JPY rising inside impulse waves 3 and (3)
  • Next buy target - 89.70

CAD/JPY continues to rise inside the minor impulse wave 3, which belongs to the intermediate impulse wave (3) from the start of August (which started earlier from the support zone surrounding the support level 85.50, as can be seen from the daily CAD/JPY chart below). The active intermediate impulse sequence (3) itself belongs to the primary upward impulse ③ from the end of April. CAD/JPY is expected to rise to next buy target at the next resistance level 89.70 (top of the impulse wave (1)).


Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera