CADJPY is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 108.50 followed by 107.50 region. What you guys think of this idea
1. Price at resistance 2. RSI direction is the opposite of the price direction, divergence?? Simple.
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity CADJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
CAD-JPY is going up To retest the resistance at 109.693 And the pair is locally overbought So I think that we will see A local bearish correction After the pair hits the resistance
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hello traders, The diagonal line worked and we can make profits from any reversal! Don't forget about money management.
After a strong bearish movement, CADJPY leaves multiple strong bullish clues. First, the price formed a falling wedge pattern and violated its upper boundary. A double bottom pattern was formed then. Its neckline was also broken. These 2 patterns confirm the intraday change of character on the pair. Goals: 109.6 / 109.9 ❤️Please, support my work with like,...
Your opinion on the analysis of CADJPY is a great buying opportunity
CADJPY has followed up back towards an important daily resistance formed. Here we see the price failed to break and continue the bullish sentiment above the level highlighted where the price is showing a fakeout. However the price has got back inside the resistance which is now expect to show a selling pressure considering the resistance level formed.
CADJPY Channel: GREEN WK Pivot: GREEN AOB: WP CON: SBB BUY Stop: 109.946 Stop Loss: 109.150 TP01: 110.742 TP02: 112.334 DWR present as a buy setup on 18 OCT, with Channel and Pivot are green bouncing off weekly pivot Trade is taken as OIL looks like SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
#CADJPY UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and also our trading analysis. Today Anna's team is going to share an updated analysis on #CADJPY according to Anna's instructions. As you all can see that, CADJPY is making a double top, also it grabs the liquidity and we had a supply zone as well, so here are...
Preferred direction: SELL Comment: At level 150, the search for sales continues actively. Most likely, due to the continued strengthening of the US dollar, a false breakdown of the mentioned level can be expected for the USDJPY currency pair. If this setup is formed, a short trade will immediately be activated with a target at the level of 147.816 and 144.900...
Hello,Traders! CAD-JPY broke the key Horizontal level of 109.360 Then retested is and is now Going up again so I am Bullish biased and I think That we will see a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the CADJPY pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
Preferred direction: BUY Comment: The US dollar strengthened against the general background and against the Canadian. Now the price is at the level of 1.36545, which most likely foreshadows further strengthening of the buyer. It is excellent to take a long position from this level; one can comfortably place a stop under the level and, in case of a stop loss,...
Buy CADJPY Bullish Flag Bullish flag formation CDA/JPY -m15 Chart.. its good chance to buy today.. intraday Signals Thank you
CAD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 108.896 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 109.680 which is a level that sits above an overlap resistance and the 50.0% Fibonacci retracement level. Take profit is at...