Cadjpyanalysis
cadjpy sell from resistance price is moving near strong resistance where strong chance thats zone will respected and pair will fall down if this structure will valid we wiill see our target near strong support/. Here one thing should be notice price fails to break trend line which may act again and push the price gain to the resistance zone. now at current situation we should wait for proper bearish rejection on resistance zone.
wait for proper bearish and bullish price action
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. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG. The reason for that is because the Bank of Japan did not intervene in the long term to strengthen the JPY, they are strengthening the JPY in other ways without raising the rate. Meanwhile, the price of OIL has gone down a bit, so the CAD has become very weak in the last few days. Anyway, as expected in the BOC RATE DECISION the other day, the RATE HIKE was done.
- But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 103.110 LEVEL. Before that, there is definitely a very high possibility to sell to 96.33 LEVEL. So FOLLOW STRUCTURES.
CADJPY TOUCHING Its Resisance price is moving near strong resistance where strong chance thats zone will respected and pair will fall down if this structure will valid we wiill see our target near strong support/. Here one thing should be notice price fails to break trend line which may act again and push the price gain to the resistance zone. now at current situation we should wait for proper bearish rejection on resistance zone
CADJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on CADJPY .
Here I am looking for a short position if price takes out buy stop liquidity above equal highs and then rejects from bearish orderblock + institutional big figure 98.000. Also, we can see divergence in formation on H1 timeframe.
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CADJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective of CADJPY .
Here we are bearish from H1 & H4 timeframes perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bearish orderblock.
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CADJPY 4Month Macro ViewGood Evening Everyone,
Please watch the entire video to understand my break down and thesis.
As always trade safe set stops set takes and make sure you are always using appropriate risk for your RR.
Happy Trading + Safe Trading = Profits
I'll get back to posting more frequently if we can give this video some love!!!! Cheers
CADJPY - Retracement expected ✅Hello traders!
‼️ This is my analysis on CADJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make the retracement to fill imbalances higher and then to reject from bearish orderblock + institutional mid figure 98.500.
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DeGRAM | CADJPY major supportCADJPY is trading in the descending channel .
The market could not make a lower low at support, indicating a potential reversal or consolidation.
Price is testing at a psychological level of 96,000.
We expect a test of support and bullish move.
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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. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG. The reason for that is because the Bank of Japan did not intervene in the long term to strengthen the JPY, they are strengthening the JPY in other ways without raising the rate. Meanwhile, the price of OIL has gone down a bit, so the CAD has become very weak in the last few days. Anyway, as expected in the BOC RATE DECISION the other day, the RATE HIKE was done.
- But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 103.110 LEVEL. Before that, there is definitely a very high possibility to sell to the 96.68 LEVEL. So FOLLOW STRUCTURES.