CADJPY is now Net ShortCADJPY has broker the regression to the short side.
It is at the bottom of the consolidation - I will not take this trade
JPYCAD trade ideas
CADJPY CADJPY also the same thing but just lookin for price to travel a little further up to it's zone. All timeframes in sync, price is also currently at a point where it could soon give a entry around here just waiting on lower timeframes to enter. Just looking for price to move slightly back into the zone so we can hopefully see moves downward
CAD/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
CAD-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 108.562 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the CAD/JPY pair.
✅LIKE AND COMMENT MY IDEAS✅
CAD/JPY - We reached a very strong bottom , time to go up?Hi guys , we would be looking into CAD/JPY as our next trade, currently the market has reached a solid bottom around the 105 area.
As of February 24, 2025, the CAD/JPY currency pair is exhibiting signs of potential bullish momentum. Recent technical analyses suggest that the pair may experience an upward movement in the near term.
Technical Indicators Supporting a Bullish Outlook:
Trendline Support and Demand Zone: On the 3-hour timeframe, CAD/JPY has retraced towards a demand zone at the base of a previous bullish breakout. This zone coincides with a 76% Fibonacci retracement level and is reinforced by a trendline support, indicating a potential bounce and continuation of the upward impulse.
FBS
Bullish Divergence Pattern: A bullish divergence pattern has been identified on the 30-minute chart, suggesting potential strengthening of CAD/JPY. As long as the price remains above the 106.86 level, there is potential for the pair to rise towards 107.09, with further targets at 107.50 and 107.85 if momentum persists.
INSTAFOREX
In summary, the combination of supportive technical indicators and chart patterns suggests a favorable outlook for CAD/JPY. Traders may consider looking for buying opportunities, with potential targets at 107.09, 107.50, and 107.85, while monitoring key support levels to manage risk effectively.
Entry: 105.270
Target 107.800
SL: 104.200
R/R - 2.85!
Buy CADJPY, CHFJPY now!!!!!Price showing strong bullish momentum after bouncing off of resistance. This is a very nice setup already in play.
Long Looks goodLong.
TP-1 will hit forsure
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice.
Acw Wolf assist kiranFirst time trading cadjpy
Zero asset knowledge
Applied Forexia
Applied acw pro skill set
Applied order flow
Applied acw bar patterns
Let’s see how this plays
Will Japanese Yen get stronger?CAD/JPY - The performance of the pair the last week is -2.53% last month -3.60% and the last three months -5.12%. 12.2.2025 - 13.2.2025 price hit at SMA 30 CLOSE and fall more than 3% in range. On Friday 21.2.2025 price close bellow our last demand zone. We can expect Japanese Yen get stronger the next days and price fall to the demand zone of 13.9.2024 - 18.9.2024 and even lower at the lowest of 5.8.2024
CAD/JPY: Potential Reversal as Buyers Step InCAD/JPY has shown signs of exhaustion in its bearish momentum after completing a deep Bat harmonic pattern. The pair has reached a key Fibonacci extension zone, where price action suggests a possible reversal.
Bullish interest is evident with price stabilising near the 105.50 level, supported by oversold conditions on momentum indicators. If buyers sustain pressure, a corrective move towards 106.50 and potentially 107.18 could unfold. Confirmation through a breakout of local resistance would further validate a bullish recovery scenario.
CADJPY Wave Analysis – 21 February 2025
- CADJPY broke support zone
- Likely to fall to support level 104.00
CADJPY currency pair recently broke the support zone between the key support level 105.40 (which has been reversing the price from September) and the 61.8% Fibonacci correction of wave (2) from August.
The breakout of this support zone should accelerate the active impulse wave 3 of the intermediate impulse wave (3) from November.
Given the strong daily downtrend and the bullish yen sentiment seen today, CADJPY currency pair can be expected to fall to the next support level 104.00.
#013 Trust The Process CADJPY 1630SGT 20022025I think I am taking double position on selling JPY...
Whatever.
Doesn't matter what happens since in the end everytime, over the long run, I end up being a loser.
So, just let it be.
1632SGT 20022025
CADJPY Under Pressure! SELL!
My dear subscribers,
My technical analysis for CADJPY is below:
The price is coiling around a solid key level - 107.47
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 106.55
My Stop Loss - 108.07
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
CADJPY Bearish on 4HThe Canadian dollar has been on a heavy downtrend, and through the days it is becoming more clear that its value is going to continue falling.
According to my Elliott Waves analysis, we are at the beginning of the 4th wave formation on the 4H timeframe, and it can give us a potential solid entry based on this strategy that I've been testing lately from this amazing trader: @AraKerbabian
Anyways, I believe this could be a good opportunity to join the trend so I'll try it.
ENTRY: 106.783
TP1: 105.452
TP2: 104.749
TP3: 104
SL: 107.350
CADJPY at Key Support - Potential Buy SetupOANDA:CADJPY has reached a significant demand zone, an area that has previously served as strong support, leading to notable bullish reversals. The current market structure suggests a potential bullish bounce from this zone.
If buyers confirm support at this level, the price could move upward toward the 107.300 level, which serves as a logical target for this setup. Conversely, a failure to hold this demand zone could indicate further downside potential toward lower support levels.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, long lower wicks rejecting the demand zone, or increased buying volume, before considering long positions. Let me know your thoughts or if you have any additional insights!"
CAD-JPY Potential Long! Buy!
Hello,Traders!
CAD-JPY keeps falling
Down and the pair is locally
Oversold so after the price
Hits a horizontal support
Level below at 104.850
We will be expecting a
Local bullish rebound
Buy!
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Check out other forecasts below too!
Update on CADJPYOur last Cadjpy analysis was a successful one and here is an updated analysis on the pair, we still have more bearish move however there will be a brief retracement to the support level above afterwhich we will go for another sell trade.
SHORT ON CAD/JPYCAD/JPY is currently in its pullback phase seeking liquidity for its next rise up.
I will be selling to the nearest demand level then I will be looking for price to change structure to get in for a buy.
Bearish drop?CAD/JPY is reacting off the pivot and could drop to he 1st support.
Pivot: 107.28
1st Support: 106.21
1st Resistance: 108.28
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
CADJPY possible SELL setupPrice at a key level. Might be able to SELL here with a good Bearish Candle
RR 4:1 /// Manage your risk well! :)
Bearish drop?CAD/JPY is reacting off the pivot and could drop to the 1st support.
Pivot: 107.28
1st Support: 106.21
1st Resistance: 108.28
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
CAD/JPY H4 AnalysisOn 11th February, price printed a break out above the bearish trendline.
After forming a new high around 108.31, we then saw a slow decline as price started to correct.
Look for a break to the upside for what could be another bullish impulse.
CADJPY MIGHT WEAKEN FURTHER!After the Canada inflation rate report, price was seen falling lower and currently trades at 106,917 we may experience a further sell from the current market price. Our target profit is at the horizontal support price of 105.957
