Hello, traders I have been analyzing the CADJPY market trend for a while now and if you look closely it has created a rising wedge pattern on a Daily time frame for my understanding, this pattern signals a bearish move. So now I will wait for the price to break the trend line and that zone I highlighted and come back to it and act as resistance then I can look for...
Hello Traders! This is my perspective for CADJPY on 45M. I see a good opportunity to enter long for a short term. In the long term, I see a retracement from the OB at the price of 107.200. Keep in touch for more updates. Follow me for more trade ideas and perspectives! www.tradingview.com
CADJPY on the lower timeframe has formed a bullish price action after multiple liquidity grab from support. Long-term price is highly bullish including monthly, weekly, and daily price action is bullish. As news coming later today, there is a high probability for the price to have a spike, and on the test of the long trend line, we could potentially see a rise...
CADJPY is consolidating after following a bearish move. Price is coiling up before expansion, and it broke and closed below the range zone. If resistance level rejects price, then we can look for selling opportunities. We expect further bearish move. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
⛔️ There is no special INDICATOR for Canadian dollars today. Also, there is no special INDICATOR DATA for JPY. This is why CAD OIL PRICE and JPY MARKET SENTIMENT are FOLLOWED. ⛔️ The Canadian Dollar is a COMMODITY BASED CURRENCY and continues to follow market sentiment. CADJPY BUY NOT BE WITHOUT VIX DOWN BY THE JAPANY YEN is also slightly up UP at the moment....
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
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