About Canadian Dollar / Japanese Yen
The Canadian Dollar vs. the Japanese Yen. When a trader is unsure about trading the US Dollar, the CADJPY is often determined to be a suitable replacement. However, the historically higher yield of the Canadian dollar in the past has made the CADJPY more sensitive to market wide sentiment changes than the USDJPY. Also, Canada’s large amount of energy exports, most notable oil, causes it to be affected by crude oil prices.
CADJPY Will Go Higher! Long!
Take a look at our analysis for CADJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 103.810.
Taking into consideration the structure & trend analysis, I believe that the market will reach
EUR/NZD Short and CAD/JPY ShortEUR/NZD Short
Minimum entry requirements:
• If tight non-structured 5 min continuation forms, reduced risk entry on the break of it.
• If tight structured 5 min continuation forms, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation
CADJPY: Bullish Continuation Confirmed 🇨🇦🇯🇵
Look how strongly CADJPY reacted to a recently broken
resistance that turned into a support after a breakout.
A bullish violation of a resistance line of a falling wedge on an hourly time frame
with a bullish imbalance confirms a highly probable growth.
The price will go up at least to 105.09
CAD-JPY Will Go UP! Buy!
Hello,Traders!
CAD-JPY made a retest
Of the horizontal support
Of 103,431 and we are
Already seeing a bullish
Rebound so we will be
Expecting a further
Local bullish rebound
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade N
CADJPY I Long Opportunity to Middle of the ChannelWelcome back! Let me know your thoughts in the comments!
** CADJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of CADJPY is 104.730 JPY — it has increased by 0.14% in the past 24 hours. See more of CADJPY rate dynamics on the detailed chart.
The value of the CADJPY pair is quoted as 1 CAD per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADJPY has the volatility rating of 0.74%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADJPY showed a 0.79% rise over the past week, the month change is a 0.91% rise, and over the last year it has decreased by −9.01%. Track live rate changes on the CADJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADJPY technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADJPY shows the neutral signal, and 1 month rating is buy. See more of CADJPY technicals for a more comprehensive analysis.