JAPANESE YEN / CANADIAN DOLLAR
My dear subscribers, My technical analysis for CADJPY is below: The price is coiling around a solid key level - 114.97 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 114.10 My Stop Loss - 115.51 About Used Indicators: By the very...
Trade analysis and update on the state of play of the following currency pairs: USD/JPY, GBP/USD, CAD/JPY, USD/CAD, NZD/USD & AUDUSD.
Hello,Traders! CAD-JPY is trading in a Bullish triangle pattern And as we are bullish Biased so IF we see A bullish breakout then We will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
CADJPY has confirmed a bullish breakout above the established resistance level. With this breakout, we may see a continuation of the rally towards 115.350. A long position can be initiated with minimal risk, aiming for the target of 115.350.
✅CAD_JPY is trading in Uptrend and the pair Has formed a bullish triangle Pattern so IF we see a Bullish breakout the we Will be expecting a Further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The CAD/JPY pair on the M30 timeframe presents a potential buying opportunity due to a recent breakout from a triangle pattern. Possible Long Trade : Entry: Consider entering a long position (buying CAD/JPY) above the broken resistance trendline of the triangle after confirmation. Ideally, this would be around 114.40 or higher if the price continues to...
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.
CAD/JPY is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 114.77 1st Support: 113.03 1st Resistance: 115.88 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
NZDJPY is at the final stages of the ending diagonal. The move we're about to see will be a MONSTER move. We are looking at a potential 1500pip move to the downside... atleast! We are currently in an ending diagonal, made up of 5 waves consisting of 3 subwaves each. We are in 5th wave now, subwave C and looking for a reversal very soon. Trade Idea: - Watch for...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 a time-frame. - Price action is reversed off the Supply Zone - Targeting the other Demand Zone - Price action looks like it will retrace first before grinding up higher. Suggested Trade: Entry @ Area of Interest 113.70 - 114.20 SL @ 114.92 TP 1 @ 112.92 (Close Half-Position &...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci projection and could reverse from this level to our take profit. Entry: 114.72 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci projection. Stop loss: 115.84 Why we like it: There is a pullback resistance level...
CADJPY price is near the resistance zone. 114.577-144.865 If the price cannot break through the 114.865 level, it is expected that there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
CAD/JPY LONG idea After taking GBP/JPY and EUR/JPY Long Trades which im currently up over +200Pips on Gj and +100Pips on EJ I'm seeing a good opportunity on CAD/JPY Long İdea
Hello TradingView Family / Fellow Traders, CADJPY is currently approaching a massive supply zone marked in red. 📉 For the bears to take over again and start the next bearish impulse movement, a break below the last major low in gray is needed. Meanwhile, CADJPY would be bullish short-term and can still trade higher. 📚 Always follow your trading plan...
Hello,Friends! We are going short on the CAD/JPY with the target of 112.379 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
The recent price action on the CADJPY pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Preferred direction: BUY Comment: The New Zealand dollar is also considered in favor of a buyer in a short-term deal. The target is still at the level of 0.60713 . Both previously published scripts are already in production. It should also be noted here that more medium-term prospects will most likely be in favor of the US dollar , and you should not count...
Preferred direction: SELL Comment: The Canadian dollar stands out from other majors today as Canadian labor market data is expected to be released. Previously, we adhered to sell priority and the targets for the previous trading idea can be considered closed. Ahead of today's statistics, we remain bearish and highlight two main scenarios. Scenario №1 is...