CADJPY

FxTraderLS

These are the two most probable scenarios to play out this week. Price is heading toward a key level and will soon find out whether price breaks or bounces from the level. We will wait for price action to develop a bit more.

ForecastCity

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (79.15). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....

AlkalineFX

Im waiting for a clear 4 hourly close below this support zone before looking for potential sells but this is how I would place my trade set-up anticipating a wick entry.

FxTraderLS

We are approaching a strong level and price could either break it to make a third touch of the wedge or we could reject this key level as soon as we get there. The longer term move is still in play and this structure could as a correction followed by a continuation.

GemtradesFX

- Higher high and higher lows - Rejection of TL, 50MA and 0.50 FIB - Broken 50MA on 1hour

FxTraderLS

Price looks to have comfortably bottomed and we could see shorter term bullish moves to form a double top before ultimately heading to the downside.

AlkalineFX

After the impulsive move on the weekly timeframe we are now coming down to retest the previous daily highs and the 0.618 retracement of the move. I would like to see a further push up after the break of the descening trendline as illustrated. 👇Click the links below for free valuable information👇

adnan.ozcelik86

Bearish Shark! Giriş: 78.910 Stop: 78.980 Tp: 78.625

wearebluefx

Nice move down so far, lets see if we can break the last low and move further down towards TP3. Regards Darren

FxTraderLS

Looking to continue the downtrend, after price bounced off a descending trend line.

BannaKhan

150 pips short setup at pullback. Trade safe and good luck.

Bigby91

15 min Short on CADJPY CAD weak Small Drop in Crude-Oil Price Strong JPY Looking to short down to ascending trend-line However, currently within support zone (80.0)

AlkalineFX

Could we see a slight retracement before we enter the ascending channel again? My targets would be somewhere around the trend line. 👇Click the links below for free valuable information👇

Mattybk

CADJPY Short Entry @ 80.640 SL 81.140 TP1 80.210 TP2 Open Open two positions SL to entry when TP1 is hit with TP2 when you are happy with your return If you wish to follow more of my trades please follow, like and comment

sesay144

This pair is currently in an Uptrend breaking the previous Daily Resistance Zone (78.490) and moving 300+PIPS to the upside. The market is heading to an area that I consider to be Monthly Resistance Zone (Brown Zone). I'll be looking to short in the brown zone. Short term outlook is that I'll be looking for long positions towards the Monthly Resistance Zone....

EclipseTradingSolutions

Pair: CADJPY Bias: Short Price has closed below strong weekly level on 4HR, we may now see downside movement back to previous highs.

Charlieab94

CADJPY is rejecting the daily fib 0.618 level and showing strong "overbought" levels on the 4hr chart. The last bullish wave is looking very overextended and I am keen to see a pullback in to previous structure and bullish 4hr TL. If the daily trend is correct then this 0.618 retracement should see price go back down to the previous lows (support) at...

Wicktator

Waiting for price to retrace back to the trendline which falls in line with the support area