Sell CADJPYWith Trump's announcement of Tarrifs on Canada and Mexico starting tomorrow, I expect this downward trend to continue on the JPY and CHF pairs
JPYCAD trade ideas
#CADJPY Buy Setup🔼#CADJPY Buy Setup
Currently Trading at 102.940 , Buy On Dip In Range 102.292—101.504 For The Target 105.500—108.780
CAD/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
We are now examining the CAD/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 108.118 level.
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POTENTIAL LONG TRADE SET UP FOR CADJPYAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
The price has approached a previous swing low zone on the higher time frame (HTF) while moving within a descending structure on the MTF. The price has broken out of the MTF descending structure and we will now monitor for a continuation structure to identify a potential entry point for the trade.
Expectation: A upward move is expected.
⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
CAD/JPYOn Daily,
price broke through Monthly trendline (Red Trendline) but stopped short from matching previous Lower-Low.
On 1H,
we can see that price was rejected as soon as it hit the Blue Daily trendline and bounced off.
In my opinion, we should wait until it hit the Daily Blue trend line or make a Double Down formationand tyhen go for short Bullish reversal.
CADJPY Buy Trade IdeaCADJPY buy trade can be taken above the mentioned area as it's break higher high on 4hrs to target mentioned in the chart.
Manage your risk according to your account size!
CAD/JPY: Diverging Fundamentals Signal More DownsideFundamental Analysis:
• The Non-Weighted Currency Index of the JPY has just broken out of a triangle to the upside, indicating JPY strength at the moment.
• Japan’s 10-year bonds have been in an uptrend for months and have just rejected the 50% Fibonacci level to the upside.
• The BoJ remains one of the most hawkish central banks, and Japan’s economy continues to show strength, marked by rising inflation since November 2024.
• Meanwhile, the Non-Weighted Currency Index of the CAD has been in a downtrend for a long time, signaling CAD weakness against other currencies.
• Canada’s 10-year bonds are currently range-bound, but the structure resembles a bearish flag, suggesting a possible breakdown below support.
• The Canadian economy is stagnating, and while unemployment has decreased compared to the previous month, it remains relatively high.
• Canadian inflation is slightly below the BoC’s target, which suggests that after their recent 25 bps rate cut, they may cut rates further to boost inflation back to 2%, stimulate the labor market, and increase GDP growth.
• Additionally, the downtrend in oil prices does not support CAD appreciation.
Technical Analysis:
• On the Weekly timeframe, we observe an ascending triangle that has just broken to the downside.
• On the Daily timeframe, sellers failed to push the price down significantly, indicating weak momentum on the breakout. This suggests a pullback/retest towards the trendline or Fibonacci levels is likely.
• The 50 SMA on the Daily chart is acting as strong resistance.
• The 200 SMA has also been rejected on the Daily timeframe.
• On the 4H timeframe, price is indeed retracing towards the trendline and/or Fibonacci levels.
• COT Report aligns with my bias.
• 82% of retail traders are positioned on the opposite side (buying).
CADJPY Short4 hour created a higher lower with a 15 min double top break of neckline, possible continue to the downside. tp prices called
CADJPY 28.02.2025+Tariffs: tariffs on Canada are confirmed and upcoming soon, new 10% tariffs on China
~+BoJ rhetoric is more hawkish
~- JPY COT is bearish
- Fresh good CAD ec. data (not so crucial for a very short-term trade)
Trade Recap CW9Quick Breakdown of the 3 positions I took last week plus two missed positions. Enjoy and feel free to ask any questions
CAD_JPY CORRECTION EXPECTED|LONG|
✅CAD_JPY is going down to retest a horizontal support of 102.815
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above at 103.793
LONG🚀
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BEARS IN CONTROL!Bears are in control as price continues to fall! We may continue to see a bear trend in CADJPY. A support level of 105.175 is broken. A pullback to that area will further increase a probability of sell opportunity.
CAD JPY Entry Setup 30 mins timeframe.CAD JPY has formed a bullish break and retest pattern that also align with Fib Retracement level.
Now we wait for entry confirmation.
CADJPY Buy IdeaWait for Zone - 2nd Entry . . . a High Probability Setup
Entry on VSA Confirmation . . - We can Hold This Trade For Long Target if 1trade Hit TP
CADJPY - Potential buying opportunity in sightOANDA:CADJPY is trading near a clear support level that triggered bullish reversals in the past. The recent bearish move into this area creates a potential opportunity for buyers to regain control.
If bullish confirmation appears, such as increased buying volume or candlestick reversal patterns, I expect the price to move toward 105.550. On the other hand though, a break below this support would weaken the bullish scenario and suggest further downside.
Just my take on support and resistance zones—not financial advice.
Best of luck in the markets.
CADJPY: Massive Breakout 🇨🇦🇯🇵
There is a high probability that CADJPY will drop much lower.
The violation of a significant daily demand cluster leaves clear bearish clues.
Next support - 103.5
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CADJPY-BUY strategy 6 hourly chartThe pair has been "battered" heavily, and its oversold again. The stochastic is low as well, and so the Fisher form. I feel we may see recovery above 105.40 area.
Strategy BUY @ 104.20-104.45 and take profit near 105.17
#020 Trust The Process CADJPY Buy 1514SGT 24022025Buying CADJPY.
I need to stop trading. I need to go brush my teeth, take a shower, rest abit, go work alittle and then go for lion dance training.
This is my second time going back for training after 13 years or so, of non-participation.
1515SGT 24022025
CAD_JPY BEARISH BREAKOUT|SHORT|
✅CAD_JPY is trading in a
Strong downtrend and the
Pair made a bearish breakout
Of the key horizontal level
Of 105.000 so we are bearish
Biased and we will be expecting
A further bearish move down
SHORT🔥
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CADJPY: Buy ideaOn CADJPY we would have a hight probability to have an uptrend after the breakout with force the vwap and the resistance line.
