The CADJPY pair has been trading within a Fibonacci Channel Up since the March 2020 market bottom. The recent rejection on the 1.5 Fibonacci level back to the 0.5 show it test and hold an important Support, the 1W MA50 (blue trend-line), which has only broken once in 3 years (since November 2020) and that was during last year's inflation crisis. As long as it...
Price is rising to the buy entry at 107.282, an overlap resistance and could breakout and continue rising to the take profit level. Buy entry is at 107.282 which is an overlap resistance level. Stop loss is at 106.649 which is a level that sits below the pull back support. Take profit is at 108.174 which is an overlap resistance level. High Risk Investment...
We are in a good area to enter into purchases in this pair, we can enter the market in areas close to 107.075📈📈 success to all, visit my profile in Spanish to see the other operations✅ 😄📲 good ratio
My dear subscribers, This is my opinion on the CADJPY next move: The instrument tests an important psychological level 108.03 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 106.99 About Used Indicators: On the subsequent day,...
CADJPY reached a key horizontal resistance. The price nicely reacted to that, forming a double top formation on a 4h time frame and breaking a support line of an expanding wedge pattern. I anticipate a retracement at least to 106.45 ❤️Please, support my work with like, thank you!❤️
Hello TradingView community! I'm excited to share my latest Elliott Wave analysis on CADJPY, which is showing a promising buy signal. As someone who regularly applies Elliott Wave theory in my trading strategy, I've been closely monitoring CADJPY and have some interesting insights. From my detailed analysis, it's apparent that CADJPY has completed its corrective...
Preferred direction: SELL Comment: After the publication of US CPI data, the American currency began to strengthen. Against this background, as we previously assumed, we should expect another upward movement towards the resistance level 1.36545. We need to consider two scenarios. The most likely one is number 1 (scenario 1) . The CPI is a very...
CAD/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 106.436 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 105.726 Why we like it: There is a pullback support that sits under the 61.8% Fibonacci retracement...
Hello Traders! This is my perspective for CADJPY H1. Taking into consideration that JPY Basket is now very strong, I expect a bearish move until the price of 106.500. Below we have a strong resistance level at the price of 106.200 with aproximations. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I...
BLACKBULL:CADJPY 4h level has been liquidated , in 15 m time frame market has shifted i am on short bias now.i have two entry option for short!
This is for short term Marked Possible Sell zone Once Reached Entry zone Look for Liquidity sweep and BOSin LTF then Enter And this is risky too. Please DYOR before entering the trade.
Sell CADJPY 8RR and 117 pips target with 90% winrate
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking only for shorts. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 107.000. Like, comment and subscribe to be in...
Hello Traders! This is my perspective for CADJPY on 45M. I see a good opportunity to enter long for a short term. In the long term, I see a retracement from the OB at the price of 107.200. Keep in touch for more updates. Follow me for more trade ideas and perspectives! www.tradingview.com
Sell CADJPY 10R in TradeATS Setup also wave 5 is coming ahead down.
• CADJPY has shown significant movements lately, especially noted after it fell sharply below the key level of 107.500. This drop was mainly due to market speculation about the BoJ possibly raising interest rates next year. • On a more detailed look using a 4-hour chart, the currency pair managed to briefly rise above the resistance level, reaching 108.000 but...
Welcome back! Let me know your thoughts in the comments! ** CADJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Join us for a detailed journey through the CAD/JPY market, illuminated by our Elliott Wave Analysis. This comprehensive post examines the current market phase, assessing the implications of each wave and their potential impact on future price movements. We discuss the interplay of key economic indicators from Canada, including its export markets and geopolitical...