Entry : 108.981 SL : 109.500 TP : 106.000 RRR : 1/5.7 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
H4 - Price bounced higher from a key support zone. Most recent downtrend line breakout. H1 - Bullish convergence. Currently it looks like a pullback is happening. Until the key support zone holds I expect the price to move higher further after pullbacks.
Preferred direction: SELL Comment: The currency pair has grown significantly in recent times, including within the framework of our previous trading ideas. Now the instrument is more likely to roll back. It is necessary to take into account the upcoming Fed meeting, based on this, a fall below 1.38000. Thank you for like and share your views!
💬 Description: Today, the Central Bank of Canada will announce its decision on interest rates. The rate is expected to remain at the same level. Against this background, we continue to adhere to our previous trading idea for USDCAD , namely to look up (look at the chart) . But most likely, there will be volatility during or after the meeting of the Central...
Thinking we're starting to see JPY strength, this is because it can't stay so weak for so long imho. Weak currency suits Japan as an exporter, to a point, but massively affects it's buying power, I do feel like we're approaching the end of this cycle of Yen weakness, by the end of this year. I think this pair broke the rising trendline but has struggled to get...
✅CAD_JPY was trading in An uptrend along the Rising support line but Now we are seeing a Bearish breakout so I think we will see a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
🎗️Name : CAD/JPY 🗨Time Frame : 4hrs Chart (🖇️Short Order ) 🧾 : WHY IS CADJPY GOING DOWN? Changes in economic indicators for both Canada and Japan, such as GDP growth, inflation, unemployment, and interest rates, can affect exchange rates. If Canada experiences economic uncertainty while Japan has a more stable economic situation, it can result in a weakening of...
CADJPY - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy CADJPY Entry Level - 108.67 Sl - 108.37 Tp - 109.17 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
💬 Description: Yesterday's trading idea for the Euro was closed by a stop loss. Here, buyers have retreated to a significant extent, however, the growth potential remains, and the previous target of projected growth also remains. The price is already in the area where growth is most likely to occur. A cancellation for this idea will be the formation of a...
My dear subscribers, My technical analysis for CADJPY is below: The price is coiling around a solid key level - 108.69 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 109.12 About Used Indicators: By the very nature of the supertrend...
Here is our detailed technical review for CADJPY. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 108.766. Considering the today's price action, probabilities will be high to see a movement to 109.899. P.S Please, note that an oversold/overbought condition...
CADJPY is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 108.50 followed by 107.50 region. What you guys think of this idea
CADJPY - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long CADJPY Entry - 108.78 Sl - 108.220 Tp - 109.89 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
1. Price at resistance 2. RSI direction is the opposite of the price direction, divergence?? Simple.
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity CADJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
CAD-JPY is going up To retest the resistance at 109.693 And the pair is locally overbought So I think that we will see A local bearish correction After the pair hits the resistance
📈 CADJPY Analysis - Long Trade Opportunity on the Horizon 📉 Join us on a captivating journey into the world of Elliott Wave Analysis as we unveil a promising long trading opportunity on the CADJPY pair. 🌊 Wave patterns are hinting at potential upside, with Wave 5 gaining strength and suggesting a bullish trend. Dive into our in-depth analysis of the current...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...