{"id":37741,"date":"2023-10-03T00:00:00","date_gmt":"2023-10-02T20:00:00","guid":{"rendered":"https:\/\/fxglory.com\/forex-market\/market\/market\/analysis\/cad-jpy-forecast-2023-10-03\/"},"modified":"2023-10-03T00:00:00","modified_gmt":"2023-10-02T20:00:00","slug":"cad-jpy-forecast-2023-10-03","status":"publish","type":"market_article","link":"https:\/\/fxglory.com\/zh-hans\/forex-market\/currency-pairs\/cad-jpy\/forecast\/cad-jpy-forecast-2023-10-03\/","title":{"rendered":"CAD\/JPY Forecast \u2014 3 October 2023"},"content":{"rendered":"<p>\nThe CADJPY currency pair presents a nuanced technical analysis. The prevailing trend appears bearish, evidenced by the elongating red MACD bars. However, a noteworthy observation is the pair&#8217;s resilience at a prior low, suggesting a possible rebound. Furthermore, the stochastic RSI reading below 20 indicates oversold conditions, potentially signaling a reversal or temporary consolidation. Prudent traders should maintain vigilance, monitoring price dynamics and keeping an eye out for reversal signals within this context.\n<\/p>\n<p>\n\u2022 There is a resistance level at 110.374; followed by resistance at 110.863 and 111.180.\n<\/p>\n<p>\n\u2022 There is a support level at 106.682 Below, there are 107.172 and 109.208.\n <\/p>\n<p>\n<strong style=\"color: red;\">Note:<\/strong> We do not suggest any investment advice, and these analyses are just to increase the traders&#8217; awareness but not a certain instruction for trading. <\/p>\n<p>\n","protected":false},"excerpt":{"rendered":"<p>The CADJPY currency pair presents a nuanced technical a [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":22450,"template":"","market_instrument":[77],"market_content_type":[44],"class_list":["post-37741","market_article","type-market_article","status-publish","has-post-thumbnail","hentry","market_instrument-cad-jpy","market_content_type-forecast"],"_links":{"self":[{"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/market_article\/37741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/market_article"}],"about":[{"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/types\/market_article"}],"author":[{"embeddable":true,"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/users\/14"}],"version-history":[{"count":0,"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/market_article\/37741\/revisions"}],"wp:attachment":[{"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=37741"}],"wp:term":[{"taxonomy":"market_instrument","embeddable":true,"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/market_instrument?post=37741"},{"taxonomy":"market_content_type","embeddable":true,"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/market_content_type?post=37741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}