Title
by Americanbulls.com LLC
Last Update
11/12/2018
JPYCAD
JAPANESE YEN / CANADIAN DOLLAR
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
1.1807
Change:
-0.0008
Percent change
-0.07%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1.1813, and our valid average selling price stands now at 1.1807. The previous BUY signal was issued on 29/11/2018, 12 days ago, when the currency rate was 1.1702. Since then JPYCAD has risen by +0.90%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
11/12/20181.1807SELL $18,064
29/11/20181.1702BUY $17,290
22/11/20181.1689SELL $17,300
19/11/20181.1659BUY $17,083
15/11/20181.1600SELL $17,093
12/11/20181.1613BUY $17,202
30/10/20181.1654SELL $17,212
04/10/20181.1308BUY $14,598
19/09/20181.1531SHORT $12,888
17/09/20181.1656BUY $13,874
11/09/20181.1822SELL $13,884
31/08/20181.1708BUY $13,031
14/08/20181.1833SELL $13,041
07/08/20181.1689BUY $11,957
28/06/20181.2068SELL $11,967
14/06/20181.1803BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$1/day
† Short Swap: +US$1/day
Date 
Price 
Signal 
 
$10K ⇨ 
11/12/20181.1807SELL $30,257
29/11/20181.1702BUY $29,483
22/11/20181.1689SELL $29,493
19/11/20181.1659BUY $29,276
15/11/20181.1600SELL $29,286
12/11/20181.1613BUY $29,395
30/10/20181.1654SELL $29,405
04/10/20181.1308BUY $26,791
19/09/20181.1531SHORT $25,081
17/09/20181.1656BUY $26,067
11/09/20181.1822SELL $26,077
31/08/20181.1708BUY $25,224
14/08/20181.1833SELL $25,234
07/08/20181.1689BUY $24,150
28/06/20181.2068SELL $24,160
14/06/20181.1803BUY $22,183
11/06/20181.1792SELL $22,193
07/06/20181.1821BUY $22,427
30/05/20181.1856SELL $22,437
23/05/20181.1581BUY $20,318
10/05/20181.1697SELL $20,328
03/05/20181.1739BUY $20,667
24/04/20181.1803SHORT $20,188
18/04/20181.1763BUY $19,897
04/04/20181.1998SHORT $18,055
02/04/20181.2162BUY $19,355
28/03/20181.2169SELL $19,365
23/03/20181.2305BUY $20,421
20/03/20181.2300SELL $20,431
13/03/20181.2079BUY $18,755
06/03/20181.2153SELL $18,765
05/02/20181.1295BUY $12,124
01/02/20181.1210SELL $12,134
09/01/20181.1034BUY $10,710
22/12/20171.1239SHORT $9,082
13/12/20171.1352BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$1/day
† Short Swap: +US$1/day
Date 
Price 
Signal 
 
$10K ⇨ 
11/12/20181.1807SELL $46,776
29/11/20181.1702BUY $46,002
22/11/20181.1689SELL $46,012
19/11/20181.1659BUY $45,795
15/11/20181.1600SELL $45,805
12/11/20181.1613BUY $45,914
30/10/20181.1654SELL $45,924
04/10/20181.1308BUY $43,310
19/09/20181.1531SHORT $41,600
17/09/20181.1656BUY $42,586
11/09/20181.1822SELL $42,596
31/08/20181.1708BUY $41,743
14/08/20181.1833SELL $41,753
07/08/20181.1689BUY $40,669
28/06/20181.2068SELL $40,679
14/06/20181.1803BUY $38,702
11/06/20181.1792SELL $38,712
07/06/20181.1821BUY $38,946
30/05/20181.1856SELL $38,956
23/05/20181.1581BUY $36,837
10/05/20181.1697SELL $36,847
03/05/20181.1739BUY $37,186
24/04/20181.1803SHORT $36,707
18/04/20181.1763BUY $36,416
04/04/20181.1998SHORT $34,574
02/04/20181.2162BUY $35,874
28/03/20181.2169SELL $35,884
23/03/20181.2305BUY $36,940
20/03/20181.2300SELL $36,950
13/03/20181.2079BUY $35,274
06/03/20181.2153SELL $35,284
05/02/20181.1295BUY $28,643
01/02/20181.1210SELL $28,653
09/01/20181.1034BUY $27,229
22/12/20171.1239SHORT $25,601
13/12/20171.1352BUY $26,509
01/12/20171.1429SELL $26,519
22/11/20171.1372BUY $26,085
02/11/20171.1252SELL $26,095
13/10/20171.1118BUY $25,062
11/10/20171.1104SELL $25,072
25/09/20171.1029BUY $24,482
07/09/20171.1176SHORT $23,310
05/09/20171.1324BUY $24,551
22/08/20171.1494SELL $24,561
17/07/20171.1269BUY $22,785
26/06/20171.1872SHORT $18,055
21/06/20171.1912BUY $18,377
09/06/20171.2239SELL $18,387
26/05/20171.2070BUY $17,146
19/05/20171.2141SHORT $16,638
12/05/20171.2040BUY $15,911
25/04/20171.2284SELL $15,921
13/04/20171.2168BUY $15,082
10/04/20171.2045SELL $15,092
03/04/20171.1971BUY $14,549
29/03/20171.2020SELL $14,559
08/03/20171.1788BUY $12,832
02/03/20171.1702SELL $12,842
16/02/20171.1478BUY $11,179
10/02/20171.1585SELL $11,189
31/01/20171.1541BUY $10,864
25/01/20171.1548SELL $10,874
16/01/20171.1473BUY $10,311
02/01/20171.1466SELL $10,321
22/12/20161.1420BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$1/day
† Short Swap: +US$1/day

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Canadabulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Canadabulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Canadabulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Canadabulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.