CADJPY trade ideas
CADJPY What Next? BUY!
My dear friends,
Please, find my technical outlook for CADJPY below:
The instrument tests an important psychological level 105.74
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 106.26
Recommended Stop Loss - 105.43
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
CADJPY - Looking To Sell Pullbacks In The Short TermM15 - Strong bearish move.
No opposite signs.
Currently it looks like a pullback is happening.
Expecting bearish continuation until the two Fibonacci resistance zones hold.
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CADJPY Wave Analysis – 24 June 2025- CADJPY reversed from the resistance area
- Likely to fall to support level 104.75
CADJPY currency pair recently reversed down from the resistance area between the resistance level 106.85, the upper daily Bollinger Band and the 50% Fibonacci correction of the extended downward impulse from November.
The downward reversal from this resistance area created the daily Japanese candlesticks reversal pattern Shooting Star, which stopped the previous minor impulse wave 3.
Given the strength of the resistance level 106.85, CADJPY currency pair can be expected to fall to the next support level 104.75 (which reversed the pair earlier this month).
CADJPY..BUY📈 On the daily timeframe, CADJPY is in a clear uptrend.
🔁 After a healthy correction, price has reached our key support level, and I’m ready to enter a long position here.
⚠️ As always, if this level breaks and the market moves against us,
I’ll open a risky short trade until we reach the next buy zone.
📉 The market does whatever it wants—nothing is guaranteed.
✅ We’re here to use smart risk management and make profit in every possible scenario.
For detailed entry points, trade management, and high-probability setups, follow the channel:
ForexCSP
CAD/JPY Holds Trendline Support with Bullish Bias IntactFenzoFx—CAD/JPY dipped from 107.34, finding support at a bullish FVG while staying above the ascending trendline.
The Stochastic Oscillator signals oversold, suggesting a potential reversal. The outlook remains bullish above 105.61, targeting a retest of 107.35. A break below 105.61 would invalidate the bullish scenario.
Trade Idea: Sell CADJPY (Short-Term Risk-Off Play) **📉 Trade Idea: Sell CADJPY (Short-Term Risk-Off Play)**
**Bias:** 🔻 Bearish (Short-Term) | ⚖️ Medium-Term Neutral
**Idea:** Yen getting a safety bid, CAD softening — charts hint a cool-off is coming
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### **💡 Why Sell?**
**🇯🇵 JPY Getting Support:**
* Risk-off tone is helping the yen hold ground 🛡️
* Inflation still above 3.5% = not as soft as BoJ sounds 🧯
* Yen tends to perk up in uncertainty — and we’re not short of that globally 🌍
* Traders cautious = safe-haven flows quietly leaning JPY’s way 🕊️
**🇨🇦 CAD Facing Pressure:**
* Oil pulling back = bad for CAD 🛢️📉
* BoC leaning dovish → interest rate edge fading 🎈
* Global risk jitters + soft data could dent CAD short-term 🧊
---
### **📊 Technical Feel (Objective & Intuitive):**
* **Price looks overextended:** Big moves lately — but candles are losing momentum 🛑
* **Stalling near recent highs:** Feels like buyers ran out of fuel just short of a breakout ⛽
* **RSI cooling off:** Not screaming reversal, but clearly backing off the highs 📉
* **MACD histogram shrinking:** Momentum tapering — not collapsing, just softening 🔻
* **Lower highs forming on intraday charts:** Nothing aggressive — just cracks showing 📉
* **Bearish rejection wicks starting to stack:** Subtle signs of hesitation at the top 🕯️
---
### **⚠️ Invalidation Clue:**
> If price snaps higher with strength and breaks structure — bulls still in control 🔼
> Until then, short-term correction looks likely
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### **🎯 Summary:**
CADJPY looks due for a breather. Yen is quietly gaining on risk-off, and CAD’s not convincing right now.
Momentum’s fading — and sellers may get a **short-term edge** before trend resumes or stalls.
CadJpy Trade IdeaWith CJ failing to create bullish structures above the previous high and above a level of resistance we could potentially look for price to pullback and retest the level of resistance. We have a clean break of structure on smaller time frames indicating a possible range continuation. Looking for a 1:3rr if all goes well. We'll see what happens.
#CADJPY:1700+ PIPS Swing Concept On The Way,Three Profit TargetsJPY initiated a bearish trend and anticipates a rapid reversal in all JPY pairs, such as CADJPY. We expect a significant swing move, potentially reaching 2000+ pips in the long term. Additionally, we have set three targets based on our analysis, which can aid in identifying potential trade opportunities. Good luck and trade safely.
Good luck and trade safely.
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121 SymmetryHey awesome traders 🔥 Hope the trading week is flowing well.
This is a clean Bullish 121 Symmetry setup on CADJPY.
After a sharp XA impulse, price printed a deep AB correction, then rallied to C — forming a perfect CD symmetry leg into the PRZ zone (D = 105.593).
🧠 Key Pattern Logic:
AB ≈ CD 121 Symmetry
PRZ between 78.6% & 100% projection
Strong rejection at D, supported by the SMA 200
🎯 Target Zones:
TP1 → 106.75 (38.2% retracement of CD)
TP2 → 107.46 (61.8% Fibonacci, full reversal extension)
Optional final stretch: 107.96 (78.6%)
Clean reaction from structure. Now we let the market validate continuation.
Stay disciplined, trade structure, not emotion.
— C. Dela | #TradeChartPatternsLikeThePros
CADJPY Bearish Reversal? Smart Money + Seasonal Confluence🧠 COT Sentiment
Speculators are heavily net short on CAD (–93K), while maintaining a strong net long position on JPY (+144K).
→ This positioning clearly favors JPY strength over CAD weakness.
Commercials are hedging JPY downside, but the dominant flow remains JPY bullish.
📅 Seasonal Patterns
Historically, June is weak for CAD (5Y, 10Y, 15Y averages all negative).
Meanwhile, JPY tends to strengthen in the second half of June.
→ Seasonality supports a bearish outlook on the pair.
📉 Technical Structure
Price has reacted precisely to the Fibonacci 0.705 retracement (106.23) and is showing signs of RSI divergence.
We are trading within a key supply zone between 106.70 and 108.30, which also aligns with a major resistance cluster and harmonic extension.
First target sits at 103.88, with potential extension to 101.20 if breakdown confirms.
🛢 Macro Catalyst
Oil remains under pressure.
CAD retail sales dropped significantly.
Risk-off sentiment (cautious Fed + geopolitical tensions) favors JPY as a safe haven.
📊 Retail Sentiment
62% of retail traders are short, but with an average entry at 108.49.
→ A break below 106 could trigger liquidation, fueling further downside.
🧩 Trade Setup
🔹 Entry zone: 106.70–107.00
🔸 SL: Above 108.40 (invalidates the bearish thesis)
🎯 TP1: 103.88 (S/R retest)
🎯 TP2: 101.20 (extended target on risk aversion)
🧭 Synthesis
Every angle aligns toward a potential bearish reversal on CAD/JPY:
✅ COT positioning
✅ Seasonality
✅ Macro narrative
✅ Technical confluence
✅ Retail sentiment trap