JPYCAD trade ideas
CADJPY Potential longsFX:CADJPY
๐จ๐ฆ/๐ฏ๐ต
๐ Price spiked by 300 pips after tapping into the strong support on 9 April but lost its momentum shortly after without breaking the daily trendline, suggesting sellers still in control. Price has now reached its daily trendline zone again, on the current price on the day of market close, we see a rejection candle on the 2H chart and slight push upwards.
๐ The buy structures have retraced to its demand zones on each key levels before continuing to push price upwards, forming a compression. If price breaks above the daily trendline and closes above with good momentum, I may expect price to go back and contest the 104.604 candle that gave the bears control for 2 weeks. Therefore, we can use lower timeframe confirmation to hop on buys when price breaks upward and retest.
CAD/JPY 2 Day AnalysisOver March and April 2025, price has been trying to break the 101.50 to 102.00 zone which was support in August 2024.
The last 2 day candle in this area printed as a bullish Hammer candle which was followed by 2 more bullish candles.
We may possibly see price break out above the trendline and buyers taking control of the market.
This is an idea of what may happen. Also use a profitable trading strategy combined with good risk management.
CADJPY: Bearish Continuation & Short Trade
CADJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short CADJPY
Entry Point - 103.70
Stop Loss - 104.30
Take Profit - 102.64
Our Risk - 1%
Start protection of your profits from lower levels
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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CADJPY Technical Analysis! SELL!
My dear subscribers,
CADJPY looks like it will make a good move, and here are the details:
The market is trading on 103.88 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 103.40
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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: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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CAD/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Previous weekโs green candle means that for us the CAD/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 101.200.
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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CADJPY Wave Analysis โ 23 April 2025
- CADJPY reversed from strong support area
- Likely to rise to resistance level 104.00
CADJPY currency pair recently reversed from the strong support area between the long-term support level 101.60 (which stopped the sharp downtrend in August of 2024) and the lower daily Bollinger Band.
The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Piercing Line.
Given the strength of the support level 101.60 and the bullish Canadian dollar sentiment seen today, CADJPY currency pair can be expected to rise toward the next resistance level 104.00.
CAD/JPY we reached bottom levels , great time to collect value!Hi guys we are going to take a look at the CAD/JPY Pair!
Technical analisys -
Currently the pair has reached a bottom level around the 101 zone whichwe can see big support from buyers, additionally the MACD is finishing a down turn momentum formulating a cross over towards an Ascending Channel , the RSI is sitting at neutral / oversold areas on 2H and 4H timeframes
Fundamentals - We are still looking into the monetary policy overlooeked from BoJ and additionally the expected economical data from Canada in the eyes of strong Retail Sales.
๐ Trade Plan
๐ Entry: 101.400
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Target 1 : 102.200
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Target 2 : 103.100
โ SL: 100.500
R/R is 1:3
Bullish rebound?CAD/JPY is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 100.55
1st Support: 98.99
1st Resistance: 104.88
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.
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CADJPY Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for CADJPY below:
The instrument tests an important psychological level 102.02
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 - 102.88
Recommended Stop Loss - 101.50
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
CAD/JPY "Loonie-Yen" Forex Bank Heist Plan (Scalping/Day)๐Hi! Hola! Ola! Bonjour! Hallo! Marhaba!๐
Dear Money Makers & Robbers, ๐ค ๐ฐ๐ธโ๏ธ
Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the CAD/JPY "Loonie-Yen" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Yellow MA Line. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐
Entry ๐ : "The heist is on! Wait for the MA breakout (104.800) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level.
๐I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss ๐: "๐ Yo, listen up! ๐ฃ๏ธ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout ๐. You feel me? Now, if you're smart, you'll place that stop loss where I told you to ๐, but if you're a rebel, you can put it wherever you like ๐คช - just don't say I didn't warn you โ ๏ธ. You're playin' with fire ๐ฅ, and it's your risk, not mine ๐."
๐ Thief SL placed at the nearest/swing low level Using the 1H timeframe (103.000) Day / Scalping trade basis.
๐ SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
๐ดโโ ๏ธTarget ๐ฏ: 107.000 (or) Escape Before the Target
๐งฒScalpers, take note ๐ : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money ๐ฐ.
CAD/JPY "Loonie-Yen" Forex Market Heist Plan (Scalping / Day Trade) is currently experiencing a bullishness,., driven by several key factors.๐๐๐
๐ฐ๐๏ธGet & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets..., go ahead to check ๐๐๐๐
โ ๏ธTrading Alert : News Releases and Position Management ๐ฐ ๐๏ธ ๐ซ๐
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
๐Supporting our robbery plan ๐ฅHit the Boost Button๐ฅ will enable us to effortlessly make and steal money ๐ฐ๐ต. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.๐๐ช๐คโค๏ธ๐๐
I'll see you soon with another heist plan, so stay tuned ๐ค๐ฑโ๐ค๐ค๐คฉ
CAD_JPY RISKY LONG|
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CAD_JPY fell again and will soon
Retest the support of 101.400
But it is a strong key level
So I think that there is a high chance
We will see a bullish rebound and a move up
LONG๐
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short CADJPY - a little more patience requiredI have been waiting and watching this pair on the daily t/f for several weeks now. Like some people like to say "waiting like a sniper", lol.
Seriously, I became more interested since it formed a flat bottom because I like to trade BO (breakouts) or BO with a pullback. Note that this is a daily chart and price is below the 200sma.
I expect price to continue to make lower highs and break out to occur late this week, possibly next week. Hopefully, you have your own plan on how you trade breakouts. Good luck if you will trade this.
This is not a trade recommendation; itโs merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a โboostโ and follow me to get even more. Please comment and share your thoughts too!!
Itโs not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong โ George Soros