Today we will analyze the currency pair Canadian Dollar Japanese Yen (CADJPY) for internet stock trading in the FOREX stock market,
Stock Technical indicators to notice in Canadian Dollar Japanese Yen (CADJPY)
1- Last bearish trend was from 78.21 $ (10/31/2011) to 73.64 $ (11/24/2011) a 4.57 $ move 2- The current bullish trend started from 73.64 $ at 11/24/2011 and is currently trading at 77.00 $.
3- CADJPY current support level is at 76.46 which is the 61.80 % fibonacci retracement of the last 4.57 $ move.
4- CADJPY current resistance level is at 78.21 which is the 100.00 % fibonacci retracement of the last 4.57 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Canadian Dollar Japanese Yen (CADJPY) Short term stock chart patterns for internet stock trading :

6- the currency pair formed a 12.160 $ height triangle which was broken up at 75.560, target of the pattern is 87.720.
Canadian Dollar Japanese Yen (CADJPY) Mid term stock chart patterns for internet stock trading :

None.
Canadian Dollar Japanese Yen (CADJPY) Long term stock chart patterns for internet stock trading :

7- the currency pair was resisted by a resistance line, identified by two points: 88.940 and 94.100, and is currently resisting at 84.666.

Stock Trading Conclusion:
Canadian Dollar Japanese Yen (CADJPY) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 78.21, 79.45, 81.03, 84.67, 87.72.
Stock Support levels : 76.46, 76.21, 75.93, 75.72, 75.39, 75.32, 74.92, 74.72, 73.64,.