Earlier Neutral Analysis: now we are having more clear vision over this Instrument with more clear Bearish Divergence with MACD which is the sign of trend reversal, we may have some retracement to the lower Fibonacci Retracement levels of 50% and 61.8%, or so called Fibonacci Golden Zone we can have our Stop Lose above the Resistance levels
#CADJPY Now makes a buy trade setup. when price tests our demand zone, Then Best opportunity for short term buying #CADJPY. Thank you.
Price is currently trading within Caption zone/s that last saw Tests for rejection to the downside in October-November of 2015. For price to experience the anticipated drop, CAD has to weaken and JPY has to strengthen inclusive of fundamentals. Bearish pattern signs have initialized on smaller time frames with rejection at 92.545, which is the beginning of a...
#cadjpy, cadjpy weekly chart forming lower low and lower high, 87.90 & 88.30 supply zone for short. stop loss might be 88.70-80. target for short is 86.10.
JPY is going to reject the 50% Fib level. Looking for Short Entry for Huge Profit.
Disclaimer: Idea is to complement your research. With CADJPY Short for Bias, JXY (Japanese Yen) has to Pass 91.56 WITH Upside continuation for Upside targets. Keep in mind: A Weaker CAD and a Stronger JPY will Bear CADJPY. Like this Analysis? Like, Share, Comment, Follow, (...) Thank you, Happy Trading.
Disclaimer: Idea is to complement your research. With CADJPY Short for Bias, CXY (Canadian Dollar) has fail at 82.78-87.29 zone. Currently Price is testing 82.78 Resistance; A rejection to the Downside could see a Test of 79.7-78.16 zone (Previous Resistance for New Support). Keep in mind: A Weaker CAD and a Stronger JPY will Bear CADJPY. Like this...
This pair is also ready to go (down), right alongside it's other carry trade siblings - CAD/CHF, NZD/CHF, NZDJPY, AUDJPY. All of these pairs a major Shorts, from here; This one (CADJPY) ought to be good for ~500 pips from here. Here is the Short Entry off of the 4 hr.;
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you, Happy Trading.
SELL it for good. The Weekly; The Daily;
Amazing setup on CADJPY, I think it is heading to complete its 4th wave. Disclaimer: This is only a trading idea and must not be taken as a trading signal.
This is one of (if not "The") worst Carry Trade in modern times. (And it' is - will be - extremely illiquid when the time comes!!) The Weekly;
Like the title says. The Daily;
Below is my analysis for CadJpy
This looks done here. Put fork in it! Target: <80.00. This one - EURCAD... ... makes this one an even stronger short.
CAD/JPY Analysis And Trade Setup you can enter after the trend line is broken and level 80.000 is also broken .. you can enter at the retest GOOD LUCK !