CADJPY
CADJPY Potential DownsidesHey Traders, in the coming week we are monitoring CADJPY for a selling opportunity around 99.400 zone, CADJPY is trading in an uptrend and now seems to be in a correction phase in which extending pullbacks are approaching the major trend around 98.4 resistance zone. We would also consider potential JPY strength as there are expectations about major changes in BoJ monetary policy.
Trade safe, Joe.
✅TS ❕ CADJPY: above the range✅✅ CADJPY is moving in an uptrend.
The chart has fixed itself above the range.
The price will continue to rise.✅
🚀 BUY scenario: long to 98.91.
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CAD/JPY Made Inverted H&S , Scalping Long Setup Available This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADJPY Seen In A Fifth Wave-Time For A Rally? With crude trading at support, with inflation in Japan coming down to 3.3%, with XXX/JPY pairs seen in oversold/extended structures, with a wedge on USDJPY, with five waves down on CADJPY I think it can be time for some recovery. Stocks also hold support for now.
CAD/JPY: short squeze to $95.14 JPYCanadian Dollar/Yen Japanese find up a resistance zone in the price that may to develop a drop that will extend to the $95.14 JPY. We forming a lower low using this downtrend line in H1 timeframe
Meanwhile, we have a nice setup that CAD/JPY forming a possible bullish rising wedge what we can to short now to $95.14 JPY and then entry to the bought zone in those level to following this model what I draw here.
I hope that this idea going to support you to short CAD/JPY in Forex market in this week.
Good luck!!!
CADJPY Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring CADJPY for a selling opportunity around 95.600 zone, CADJPY was trading in an uptrend but with current classic safe havens strength CADJPY seems to breakout the trend and now seems to be retesting the trend so we will be watching a potential retest around 95.6 support and resistance zone.
Trade safe, Joe.
CADJPY - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: As we can see here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block for a short position.
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