As price hit resistence area expect to fall pls like for support thank you
The current selling zone for the CAD/JPY pair is at 113.553. It's a critical point where traders are eyeing potential opportunities to sell the Canadian dollar against the Japanese yen. The strategy outlined here suggests multiple take-profit levels: 113.036, 112.636, and 112.130, indicating incremental profit-taking as the price moves downwards. This approach...
This Chart is printing a bearish trend as their is no divergence .This Chart is called bearish Flag
"There is a good selling opportunity for the CADJPY Please secure the deal after a forty-pip movement, meaning adjusting the stop-loss to the entry point."
BUY CADJPY for uptrend continuation STOP LOSS : 111.81 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward...
Price just made a new high and has pulled into an order block
CAD/JPY is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 113.794 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 114.879 Why we like it: There is a pullback resistance...
Here is our detailed technical review for CADJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 112.872. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 109.055 level. P.S We...
#CADJPY UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CADJPY. CADJPY is below the main resistance level after getting a good rejection here. Here in this move we can see gain upto 200Pips+. Keep in touch we will update further soon.
The current selling zone for the CAD/JPY currency pair is at 112.643. This indicates a strategic opportunity to capitalize on potential market movements. Setting take profit levels at 111.562, 111.053, and 110.500 allows for staggered exits, maximizing potential gains while mitigating risk. Meanwhile, placing a stop loss at 113.019 serves as a safeguard against...
Based on the current H4 charts for CAD/JPY, here is a bullish technical analysis: *Trend Analysis:* - The pair shows a tendency to move upward, indicated by the formation of higher lows and higher highs⁴. *Moving Averages:* - The price trending above the Ichimoku Cloud suggests a bullish sentiment⁴. *Bollinger Bands:* - The proximity to the upper Bollinger Band...
CADJPY has broken through and closed above a resistance line in a falling wedge pattern, following a test of an important horizontal range. A pullback is likely to occur next, with targets set at 113.36 and 114.02.
OVERALL GAME PLAN I am going to buy CAD/JPY - BUY 0.10 ANALYSIS IN MY FAVOR * The pair is at support level on the 4hr * Overall Trend is an up trend
Hello,Friends! Bullish trend on CAD/JPY, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 113.303. ✅LIKE AND COMMENT MY IDEAS✅
CADJPY has form a double bottom, opportunity to enter Long, wait for a breakout
This Weekly FORECAST Opportunity for CADJPY. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
Simple break and retest on monthly timeframe look for buys
Plan your trades and trade your plans. Today we have the following rankings on the indexes: @DXY ++VE @EXY -VE @AXY --VE @SXY ++VE @JXY --VE @BXY --VE @CXY --VE @ZXY --VE Based on the above rankings, we came up with the following pairings. BUY PAIRS: USDJPY, USDCAD, CHFJPY, SELL PAIRS: AUDUSD,GBPUSD,NZDUSD,GBPCHF,AUDCHF The idea is to trade in the direction...