Title
by Americanbulls.com LLC
Last Update
03/04/2020
JPYCAD
JAPANESE YEN / CANADIAN DOLLAR
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
1.3091
Change:
-0.0004
Percent change
-0.03%
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 1.3095, and our valid average selling price stands now at 1.3091. The previous BUY signal was issued on 27/03/2020, 7 days ago, when the currency rate was 1.2905. Since then JPYCAD has risen by +1.44%.
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 ⇨ 
03/04/20201.3091SELL $16,285
27/03/20201.2905BUY $14,986
20/03/20201.3075SELL $14,996
18/03/20201.3263BUY $16,304
13/03/20201.2959SELL $16,314
24/02/20201.1894BUY $8,711
05/02/20201.2090SELL $8,721
30/01/20201.2119BUY $8,950
28/01/20201.2051SELL $8,960
21/01/20201.1890BUY $7,747
08/01/20201.1946SHORT $7,339
03/01/20201.2022BUY $7,942
27/12/20191.1948SHORT $8,532
20/12/20191.2011BUY $9,034
05/12/20191.2111SELL $9,044
30/10/20191.2069BUY $8,736
10/10/20191.2307SELL $8,746
03/10/20191.2471BUY $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 ⇨ 
03/04/20201.3091SELL $17,894
27/03/20201.2905BUY $16,595
20/03/20201.3075SELL $16,605
18/03/20201.3263BUY $17,913
13/03/20201.2959SELL $17,923
24/02/20201.1894BUY $10,320
05/02/20201.2090SELL $10,330
30/01/20201.2119BUY $10,559
28/01/20201.2051SELL $10,569
21/01/20201.1890BUY $9,356
08/01/20201.1946SHORT $8,948
03/01/20201.2022BUY $9,551
27/12/20191.1948SHORT $10,141
20/12/20191.2011BUY $10,643
05/12/20191.2111SELL $10,653
30/10/20191.2069BUY $10,345
10/10/20191.2307SELL $10,355
03/10/20191.2471BUY $11,599
26/09/20191.2299SHORT $12,909
13/09/20191.2276BUY $12,756
05/09/20191.2399SELL $12,766
02/09/20191.2545BUY $13,877
29/08/20191.2496SELL $13,887
12/08/20191.2538BUY $14,213
08/08/20191.2465SELL $14,223
02/08/20191.2331BUY $13,220
29/07/20191.2097SELL $13,230
09/07/20191.2054BUY $12,914
24/06/20191.2279SHORT $11,220
12/06/20191.2276BUY $11,218
30/05/20191.2310SELL $11,228
23/05/20191.2198BUY $10,409
15/05/20191.2255SELL $10,419
02/05/20191.2081BUY $9,134
29/04/20191.2051SELL $9,144
23/04/20191.1997BUY $8,753
16/04/20191.1917SHORT $9,370
10/04/20191.1997BUY $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 ⇨ 
03/04/20201.3091SELL $33,748
27/03/20201.2905BUY $32,449
20/03/20201.3075SELL $32,459
18/03/20201.3263BUY $33,767
13/03/20201.2959SELL $33,777
24/02/20201.1894BUY $26,174
05/02/20201.2090SELL $26,184
30/01/20201.2119BUY $26,413
28/01/20201.2051SELL $26,423
21/01/20201.1890BUY $25,210
08/01/20201.1946SHORT $24,802
03/01/20201.2022BUY $25,405
27/12/20191.1948SHORT $25,995
20/12/20191.2011BUY $26,497
05/12/20191.2111SELL $26,507
30/10/20191.2069BUY $26,199
10/10/20191.2307SELL $26,209
03/10/20191.2471BUY $27,453
26/09/20191.2299SHORT $28,763
13/09/20191.2276BUY $28,610
05/09/20191.2399SELL $28,620
02/09/20191.2545BUY $29,731
29/08/20191.2496SELL $29,741
12/08/20191.2538BUY $30,067
08/08/20191.2465SELL $30,077
02/08/20191.2331BUY $29,074
29/07/20191.2097SELL $29,084
09/07/20191.2054BUY $28,768
24/06/20191.2279SHORT $27,074
12/06/20191.2276BUY $27,072
30/05/20191.2310SELL $27,082
23/05/20191.2198BUY $26,263
15/05/20191.2255SELL $26,273
02/05/20191.2081BUY $24,988
29/04/20191.2051SELL $24,998
23/04/20191.1997BUY $24,607
16/04/20191.1917SHORT $25,224
10/04/20191.1997BUY $25,844
01/04/20191.2011SELL $25,854
21/03/20191.2053BUY $26,178
13/03/20191.1961SELL $26,188
06/03/20191.1973BUY $26,289
11/02/20191.2052SHORT $25,719
07/02/20191.2081BUY $25,957
30/01/20191.2097SHORT $25,857
22/01/20191.2144BUY $26,234
04/01/20191.2374SELL $26,244
17/12/20181.1827BUY $22,182
11/12/20181.1807SELL $22,192
29/11/20181.1702BUY $21,418
22/11/20181.1689SELL $21,428
19/11/20181.1659BUY $21,211
15/11/20181.1600SELL $21,221
12/11/20181.1613BUY $21,330
30/10/20181.1654SELL $21,340
04/10/20181.1308BUY $18,726
19/09/20181.1531SHORT $17,016
17/09/20181.1656BUY $18,002
11/09/20181.1822SELL $18,012
31/08/20181.1708BUY $17,159
14/08/20181.1833SELL $17,169
07/08/20181.1689BUY $16,085
28/06/20181.2068SELL $16,095
14/06/20181.1803BUY $14,118
11/06/20181.1792SELL $14,128
07/06/20181.1821BUY $14,362
30/05/20181.1856SELL $14,372
23/05/20181.1581BUY $12,253
10/05/20181.1697SELL $12,263
03/05/20181.1739BUY $12,602
24/04/20181.1803SHORT $12,123
18/04/20181.1763BUY $11,832
04/04/20181.1998SHORT $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

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