Get started

Cadjpyanalysis

CadJpy- Where to sell?The long-term trend for CadJpy is up for quite some time and although I don't expect this to change soon, at this moment a deeper correction could follow. The recent break above 108 is a false one and this can lead to a break down of the trend line support. 108 remains strong resistance and in this zone, traders should look for selling opportunities. As a target, the horizontal 102 level can serve as a target and a break above 110 negates this scenario.
Short
by Mihai_Iacob
1
CADJPY : Current Situation & Technical , Fundamental View#CADJPY - At this point, CADJPY is selling very well due to the current MARKET SENTIMENT. So CAD automatically went down. And unexpectedly, a JPY STRONG came in the last few days. This was because the Bank of Japan intervened to strengthen the JPY. In the meantime, CAD has become very weak in the last few days because the price of OIL has gone down. - But after that the price of OIL went down very fast. Due to this reason CAD was sold very fast before. You can check it by going to CAD CHARTS. But now with JPY WEAKNESS, CADJPY is getting a bit SELL. - Currently, the MARKET is slightly RISK OFF, JPY is going UP, therefore, CADJPY is being SELL. - Definitely CADJPY should be slightly DOWN until 104.60 LEVEL. After that, the possibility of moving to 110.06 LEVEL is very high. The reason for that is because even now OIL PRICES are going up a bit.
by benny_marshall
⭕the best buying and selling areas for the CAD/JPY🧨🔥🔰You can see the analysis of the Canadian dollar to Japanese yen currency pair in the four-hour time frame (CADJPY_ 4H)🔍💣 💥As it is clear from the picture, the price is moving in an Bullish parallel channel🖤❗If the price can break the lower line of the channel (dynamic support) and stabilize❗ below it, then it can have a downward trend until the DEMAND zone and Support🧡 🔻 If the price can break the Downward trend line🖤 and stabilize❗ above it, it can experience an increase up to the Resistance🧡, and if it breaks the upward Resistance🧡 and stabilizes❗ above it, it can have another increase up to the SUPPLY zone🔺🚀 which direction will the price go to the GREEN💚 side or the RED❤️ side❓❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 _________📈TRADER STREET📉__________
by TRADER_STREET
CAD/JPY → 90.5 :: THE CLARITY IN THE POLARITY :: TRADEGODFOREXCOM:CADJPY TRADE INSTRUCTIONS: Sell any highs over the Red lines horizontally stemming from the Red circles and take profit at either Aqua coloured line. Levels are also available on the chart for use with ordered trades. This means any new daily highs are sells accordingly. CAD/JPY and its true value is currently in the range of 90.636 - 90.511 and 2022 in a whole saw some good impulsive moves to the upside although that bull is hibernating this Christmas as expansion and subsequently accumulation ended last week. The last leg of the expansion phase through Aug and into Sept was extremely impulsive in structure but Like the rains fall onto mountain tops and begin a legendary journey back to sea so will this asset rain on the buyers and wash away profits of those who do no perceive the unseen reality and cycles at play here. Moral of the statement is to "go with the flow", the path of least resistance. ENJOY.
Short
by TradeGod_1111
CAD/JPY :: wait for the best time !CAD/JPY ::: 1_ Orange channel :: It is drawn in the time frame of one hour. It is currently at the ceiling of this channel, and its ceiling is a good resistance and will lead the price down to a large extent . 2_ Blue channel :: It is drawn in the time frame of 4 hours. And the price reacts a lot to the bottom of the blue channel, but has not been able to break it yet . 3_ The best decision :: wait until the price either breaks the ceiling of the orange channel or the bottom of the blue channel 4_ the targets will be as follows :: If the roof of the orange channel is broken: range 117 . If the bottom of the blue channel is broken: range 101 .
by The_Best_Trader_1991
1