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...
OANDA:CADJPY The pair is immensely overbought, and amidst significant divergence, a new HIGH is being formed and the support is about to give way. This is the point from which the pair will begin its demise (in my opinion, of course), which will be largely fueled by the Yen. The trade is moderately risky as we have no means of knowing when and how the BoJ will...
CADJPY chart is in bullish trend with a clear divergence which indicates toward trend reversal. Further double chart is also confirming trend reversal. So we can take entry at break of neckline .
30m link:https://www.tradingview.com/x/pWs9Aow2/ 👁 OUTLOOK FOREX: CADJPY 30m: CADJPY as well as other JPY pairs are currently in re-accumulation and have liquidated lows. I would like to see price start breaking bullish and get above the 10ema and 50ema to then start looking for longs on CADJPY. Bias: Bullish on CADJPY but needs to start breaking bullish on...
We have these indicators for SELL opportunity: - Low volume to continue the current direction - Reflection from the Inner trend line - Return/re-test to Year + 6M + 3M area (min. for TP1) - Stong support line – zone with ATH We define 3 goals: TP 1 = 80 pips TP 2 = 200 pips TP 3 = 400 pips * * * There could be one more opportunity for scalping in a top of...
Pair : CADJPY Position : LONG ( BUY ) Entry 1 : 114.175 STOP LOSS @ 113.765 TP 1 @ 114.575 TP 2 @ 114.975 TP 3 @ open ( Trailing SL )
OANDA:CADJPY on the background of global weakening of the yen forms a pre-breakdown setup against 112.26. The currency pair is preparing to strengthen. On D1 the general trend is obvious. Buyers are not going to give up and continue to press the strong limit resistance at 112.26, formed by sellers. The trend is bullish and it may continue. Fundamentally, the...
After a nice bearish candle we should see price come down from the level
This is a quick update on the CAD/JPY. I mentioned this in the Weekly analysis I did yesterday. Apologies for the sound.
😇 7 Dimension Analysis Time Frame: H1 1️⃣ Swing Structure: Bullish with Breakout of Structure (BoS) and impulsive move strengthening, lacking inducement 🟢 POI OB: Unmitigated 🟢 Traps: False Breakout observed at the start of the move 2️⃣ Pattern 🟢 CHART PATTERNS: Continuation pattern with a completed flag targeting a possible retracement 🟢 CANDLE PATTERNS: Record...
As we enter the last 2 trading days of the trading week, I am looking at the GBP/USD pair which we have been trading for the past 3 days, we also have a very nice setup on the USD/CAD, EUR/USD and lastly the CAD/JPY.
I've been patiently waiting for the price to break out of this highest resistance zone. Now, the structure is much clearer than before with just sideways movement. My plan is to go long when the price retraces or pulls back into the resistance zone that has been broken out. Yes, it's an RBS Zone. Breakout, Pullback, and Entry? Are you on board with this...
Pair Name : CAD/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Reversal...
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the CADJPY pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
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
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?
CADJPY has formed a descending parallel channel in the absence of divergence which indicates a continuation in the current trend.