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
Dear Traders, Likewise our GBPJPY idea we also expect the similar movement on CADJPY, due to JPY recent bullish price correction, price of JPY pairs dropped heavily, however, the good thing is price rebounding from a vital key level which may be a turning point that buyers were looking for. Please note, today there is bank holidays in the uk and japan.
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...
Hello traders! Let's revisit the CADJPY chart and provide an update since I shared the idea on August 17. It's time to clarify things. Our focus is on CADJPY, where an interesting Cup and Handle Pattern is taking shape on the daily chart. For a more in-depth understanding of Cup and Handle patterns, you can check out additional resources here:...
✅CAD_JPY is retesting A rising support line And we are bullish biased On the pair so we will Be expecting a local Growth from the support LONG🚀 ✅Like and subscribe to never miss a new idea!✅
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Hello,Traders! CAD-JPY is trading in An uptrend and will soon Retest a rising support From where we will be Expecting a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
In the realm of currency trading, the CAD/JPY pair currently presents an opportune moment for selling, with the sell zone identified at 111.694. This strategic move aligns with the anticipation of potential market shifts and allows traders to capitalize on potential downward movements. By setting specific take-profit points at 111.562, 111.053, and 110.500,...
Hello TradingView Community, Today, I'm analyzing CADJPY on the 4-hour chart using Elliott Wave theory, which presents an optimistic view for a potential long position. Our analysis suggests that the market is currently in a corrective phase after a robust impulse wave. From the chart, we can see that the price completed a five-wave impulse sequence leading to a...
When this trend line breakout then tp is 105.2 pick top to sell again
Looking at a yellow folder on forex factory. Jpy is closed with a bank holiday. Cad posed to smash and take control. Jpy going to get bullied with her eyes closed?