Market Observations: CAD/JPY has demonstrated a sustained bullish trend. However, the monthly timeframe indicates the pair is overextended. Furthermore, a double top pattern on the 1D chart suggests a potential retracement to the 50-61.8% Fibonacci levels. This zone could provide the necessary liquidity for major market players to accumulate long positions. Trade...
Canadian Dollar Japanese Yen traded at 110.6680 this Monday February 12th, decreasing 0.2697 or 0.24 percent since the previous trading session. Looking back, over the last four weeks, CADJPY lost 1.94 percent. Over the last 12 months, its price rose by 11.42 percent. Looking ahead, we forecast Canadian Dollar Japanese Yen to be priced at 111.2592 by the end of...
⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: CAD JPY is in a nice rising trendline, trading stably on the EMA lines, touching the nearest support zone, setting up a BUY signal. ⭐️ SET UP CADJPY PRICE: 🔥BUY zone: 110.450 - 110.300 SL 109.800 TP1: 110.700 TP2: 111.000 TP3: 111.300 ⭐️ Technical analysis: Based on technical indicators EMA...
Starting from March 2021, there has been a notable uptrend movement in the stock prices, breaking the price level of 84.7 and reaching a peak of 111.2 in September 2022. Following this, a correction occurred, forming a double bottom pattern within the range of 94.4 in March 2023, and now the prices have returned to the previous range of 111.2. At present, we are...
Hello Traders, here is the full analysis. Price reversal going up levels for BUY . CADJPY long from Support ! 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...
After the dip and the double tap in 104 support back in December, CadJpy started to rise again and resumed its long-term bull trend. Now the pair is trading back to important 110 zone resistance and a break up seems imminent. The recent dive under 109 was quickly reversed, which also adds to my bullish perspective. In conclusion, as long as the recent low is not...
In time h4, it is moving in an upward channel, which is currently in the supply zone. If the area breaks upwards, it will be able to reach the ceiling of the channel, otherwise, if it faces a negative reaction, with a shorter ceiling, you can enter a sell position until the bottom of the ascending channel. ----------------- Please support this idea with a LIKE and...
CAD-JPY retested the Broken rising support line And is now making a pullback So I think that it will go Even further down !
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in an accumulation phase, so I expect we can see AMD pattern, price firstly to take buy side liquidity and then to distribute lower for sell side liquidity. Like, comment and subscribe to be in touch with my content!
Hello everyone ... market is on buy trend/ BUT price may respect this weekly resistance.buy for short term. Use good RISK management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
Pair : CADJPY ( Canadian Dollar / Japanese Yen ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Daily Resistance Level. Double Top Pattern as Correction in Short Time Frame and Long Time Frame and Rejection from its Second Top. Strong Divergence in RSI
Hello Traders, here is the full analysis. I expect the market to fall and short it from resistance, levels for SELL . GOOD LUCK! Great SELL 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...
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...
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to make a retracement and there is a confluence for a potential long if price rejects from support zone + trendline + FIBO 0.5 level. Fundamental news: Next week on Tuesday will...
Educational Analysis says CADJPY may move in this range for some time according to my technical. Broker - FOREX.com This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because CADJPY is start to go down after respecting supply trendline, If not then it will break resistance level to make new higher...
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect bullish price action from here after price filled the imbalance and rejected from institutional big figure 108.000. Like, comment and subscribe to be in touch with my content!
The CADJPY has exhibited sustained bullish momentum in recent times. However, price appears overextended currently, suggesting a potential retracement could be on the horizon. Should price dip back into the 61.8% Fibonacci retracement zone, a buy opportunity may emerge. Prior daily swing highs could act as potential target areas (as depicted on the...
🕛 TOPDOWN Overview A robust rejection at the daily timeframe, coupled with an H1 Change of Structure (COS), suggests the end of the short-term bullish move. 😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Initially bullish but rejected at a potent daily Point of Interest (POI) 🟢 Structure Behavior: Change of Structure (Choch) 🟢 Swing Move: Impulsive 🟢...