Our free forex signals service trade today is a buy order on the CAD/JPY. The pair will go upside if it finds a bounce off from the support level. The CAD/JPY pair moves sideways in the short term as the Japanese Yen futures consolidate. However, the price action signaled that the currency pair ended its downside movement and that the buyers could take the lead again. –Are you interested in learning more about spread betting brokers? Check our detailed guide- Fundamentally, the Japanese economic data came in mixed today. The Economic Watchers Sentiment was reported at 47.8 points above 45.0 expected compared to 37.7 points in the previous reporting period. At the same time, the Current Account came in at 0.52T in February, far above 0.27T estimates and versus 0.18T in January. Unfortunately for the JPY, Consumer Confidence dropped unexpectedly from 35.3 to 32.8 points, even if the buyers expected a potential growth to 36.9 points. Canadian Unemployment Rate 5.4% expected Later, Canada is to release high-impact data, and the economic figures could be decisive. For example, the Unemployment Rate is expected to drop from 5.5% to 5.4%, while the Employment Change could be reported at 77.5K in March versus 336K in the last reporting period. From the technical point of view, the pair escaped from a down-channel pattern, and now it seems determined to come back higher. Get FREE Forex Signals Now! 3 Free Forex Every Week – Full Technical Analysis Free forex signals – Buy CAD/JPY at 98.72 Free forex signals entry price and take-profit Instrument: CAD/JPY Order Type: BUY STOP Entry price: 98.72 Stop Loss: 98.09 TP1: 99.72 My Risk: 1% Risk / Reward Ratio: 1:1.6 Looking to trade forex now? Invest at eToro! Trade Forex Now! 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money Olimpiu Tuns Olimpiu Tuns Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms. View All Post By Olimpiu Tuns Forex Trading Signals share Read Next USD/CAD Price Bullish Around 1.26, Eying Canadian Jobs Data Olimpiu Tuns 8 months Our free forex signals service trade today is a buy order on the CAD/JPY. The pair will go upside if it finds a bounce off from the support level. The CAD/JPY pair moves sideways in the short term as the Japanese Yen futures consolidate. However, the price action signaled that the currency pair ended its downside movement and that the buyers could take the lead again. -Are you interested in learning more about spread betting brokers? Check our detailed guide- Fundamentally, the Japanese economic data came in mixed today. The Economic Watchers Sentiment was reported at 47.8 points above 45.0… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
