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Cadjpylongtrade

CADJPY : Current Situation & Technical , Fundamental View#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. And as expected, JPY WEAKNESS came after the BOJ INTERVENTION. This was because the Bank of Japan did not intervene in the long run to strengthen the JPY. Meanwhile, CAD has become very STRONG in the last few days due to the increase in OIL prices. Anyway, the RATE HIKE was not done as expected in the BOC RATE DECISION the other day. The rate hike was less than that. - The price of OIL is going down very fast. For this reason, CAD will be slightly SELL. - But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 105.89 LEVEL. Before that, there is a very high possibility of selling to the 97.50 level. The reason for that is because even now OIL PRICES are going up a bit.
by benny_marshall
CADJPY : Current Situation & Technical , Fundamental View#CADJPY Due to MARKET RISK ON, CADJPY went up a bit. But now CAD UP is being done again. We expect CADJPY to go UP again. Either way, that price can retrace to the CADJPY MAIN TRENDLINE. After that the MARKET can go UPSIDE. The reason for that may be due to OIL PRICES UP. JPY WEAKNESS will also affect this. You can definitely buy at the CADJPY 108.691 level. For that, MARKET RISK should be ON SHORT TERM. But according to the STRUCTURE, CADJPY can move up to 103.340 LEVEL on the TREND LINE. The reason for that is the idea that the MARKET SENTIMENT in the OVERALL MARKET will be RISK ON in the coming days. We must pay attention to the MARKET SENTIMENT.
by benny_marshall
CADJPY all the way upWhat's up guys! I'm looking for major buy setups on the retest as price break through the daily resistance zone I would have entered on the break but I like using a more conservative approach when it comes to currency pairs Based on the market structure , price can still make higher highs after the break of the 4H trendline and the last swing high showing the bulls back after a corrective phase I still zoomed into lower timeframe to look for more setups to capitalize on this trade I will not enter this if it doesn't fit into my trading style What do you guys feel ?
Long
by newschooltrader
2
Trading Pathways Analysis of CADJPY H4 Chart The outlined white arrow pathway is the predicted pathway that the CADJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where CADJPY will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK. Eiseprod of Trading Pathways
Long
by Trading-Swing-Pathways