CADJPY BULLISH TRENDLINE AND SUPPORTWe can see that the prrice has reached the horizontal line support and trendline support
Cadjpylong
CADJPY is approaching first support, potential for a bounce!Price is approaching our first support at 81.403, which is in line with our 127.2% Fibonacci extension and horizontal swing low support. It could potentially bounce from first support and rise further to our first resistance at 81.727, in line with our 50% Fibonacci extension, 50% Fibonacci retracement and horizontal swing high resistance. It is also worth noting that price is now above the EMA (55) and the ascending trendline, which shows bullish analysis in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADJPY - Slow PacedI took this trade with the team earlier today but the lack of market volume means we haven't got very far. I am hoping for a strong clear move to the downside, I will update you on the progress.
CAD/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation! As always we will have to wait for a confirmation!
CAD/JPY: Daytrade-Preparation
Market-Buy: 81,575
Stop-Loss: 81,340
Point-Of-Risk-Reduction: 81,790
Take-Profit: 82,090
Stop-Loss: 23,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,22
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
CADJPY is testing support, potential for a further risePrice is testing our first support at 81.549, in line with our 100% Fibonacci extension, 61.8% Fibonacci retracement, and horizontal overlap support. It could potentially bounce from here and rise further to our first resistance at 82.121, in line with our 61.8% Fibonacci extension and horizontal swing high resistance. It is also worth noting that the Ichimoku cloud is also showing bullish pressure in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADJPY is facing bullish pressure | 10 Dec 2020Price is facing bullish pressure where a break above our upside confirmation level could see a further upside
CADJPY - Bullish BiasCAD - BULLISH
1️⃣ Hopes that a coronavirus vaccine could be used soon and oil prices at the support level of $44 a barrel.
JPY - BEARISH
1️⃣ The upbeat market mood undermined the safe-haven JPY, as investors digested positive coronavirus vaccine news.
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Technical
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We are looking buy the CADJPY above the RBS + above the SMA 50 on the H1 chart.
CADJPY is facing bullish pressure, potential for further upsidePrice is facing bullish pressure from our ascending trend line where we could see a further upside above this level to our first resistance target. A break above our upside confirmation level would provide the bullish acceleration to our first resistance target.
CADJPY 81.35 + 0.06 % LONG IDEA * PRICE ACTION & STRUCTUREHello everyone
Hope you guys are having a good trading day here's a swing idea on the CAD/YEN which is still trading in a descending channel structure pictured clearly on higher time frames looking for a test of the roof of this structure and will be monitoring price at this level.
coming down to the 4H chart we just saw a rejection at resistance level 81.57, looking to see a break of this structure in the near future and will be planning for long entries.
The pair remains in a strong uptrend hitting HH AND LH so will be looking for a break of the above mentioned resistance.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET THE WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Uptrend in CADJPYWe are currently in a very good looking uptrend that is gathering strength to continue. The last part of this trend starts from the middle of the previous month. Current levels are important, where the price meets resistance from the daily chart.
However, it seems that there will be strength to break and reach the following resistances:
81.85
82.05
82.27
You can enter now or wait for it to break. In both cases, the idea is fail by breaking the previous bottom.
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment! comments!
Forex Forecasts: CADJPY The possibility of continuing to climbAfter the pair succeeded in breaching the triangle, the pair is looking towards the resistance at 82.0, which breaching it is a strong buying opportunity towards the strong resistance at 84.00
CAD/JPY New Analysis And 3 Trades 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 is facing bullish pressure, potential for further upside Price is facing bullish pressure, where it is approaching our first support, in line with our 100% Fibonacci extension, 50%, 38.2% Fibonacci retracements, and horizontal overlap support. It could potentially rise further to our first resistance, in line with our 100% and 61.8% Fibonacci extension. It is also worth noting that the Ichimoku cloud is also showing bullish pressure in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADJPY Swing BUY Trade Idea. CADJPY Swing BUY Trade Idea.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
CAD/JPY BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
CAD/JPY: Daytrade-Execution
Market-Buy-Order: 80,050
Stop-Loss: 79,815
Point-Of-Risk-Reduction: 80,215
Take-Profit: 80,440
Stop-Loss: 23,5 pips
Risk: 0,5% - 1%
Risk-Reward: 1,70
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
LONG THE EARLY BIRDTHE EYES SEES WHAT THE EYE NEEDS TO SEE. AND IF YOU DONT SEE IT DONT FORCE IT.
OS OLHOS VÊEM O QUE O OLHO PRECISA VER. E SE VOCÊ NÃO VER, NÃO FORCE.
CAD/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
CAD/JPY: Daytrade-Preparation
Buy-Limit: 80,000
Stop-Loss: 79,820
Target 1: 80,150
Target 2: 80,270
Target 3: 80,450
Stop-Loss: 18 pips
Risk: 0,5%
Risk-Reward: 2,75
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Expect Buyers to push CADJPY? On a Daily Timeframe, CADJPY is currently sitting on a support zone..
A push tp the upside is expected
