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CADJPY

CAD/JPY H4 | Approaching 50% Fibo supportCAD/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 106.436 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 105.726 Why we like it: There is a pullback support that sits under the 61.8% Fibonacci retracement level Take Profit: 108.096 Why we like it: There is a pullback resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
CADJPY H1 / POSSIBLE SHORT OPPORTUNITY UNTIL THE PRICE 106.500✅ Hello Traders! This is my perspective for CADJPY H1. Taking into consideration that JPY Basket is now very strong, I expect a bearish move until the price of 106.500. Below we have a strong resistance level at the price of 106.200 with aproximations. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Short
by GoodTradeST
CADJPY setup, what's next? 👀• CADJPY has shown significant movements lately, especially noted after it fell sharply below the key level of 107.500. This drop was mainly due to market speculation about the BoJ possibly raising interest rates next year. • On a more detailed look using a 4-hour chart, the currency pair managed to briefly rise above the resistance level, reaching 108.000 but failed to stay above. • In an even shorter term perspective, like the 1-hour chart, CADJPY is moving within a narrow triangle range. This shows that traders are currently uncertain and the market is indecisive, with no clear direction whether to move up or down. Potential Entry Points: • Bearish Scenario: If the pair fails to break above the current resistance at 107.50 and shows signs of weakness, a potential entry point for a short position could be near this resistance level. The target for this trade would be a move back towards the 104.250 level. • Bullish Scenario: Conversely, if CADJPY successfully breaks and holds above the 107.500 resistance, it could signal a continuation of the upward trend. In this case, a potential entry point for a long position would be after a confirmed break above the resistance, targeting monthly pivot level near 109.065.
by fxtraderkristina
CADJPY I Potential bearish trend continuation Welcome back! Let me know your thoughts in the comments! ** CADJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
4
CADJPY LONG TERM TRADING IDEAHello Traders In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (CADJPY market update) 🟢What is The Next Opportunity on CADJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20