During a prepared speech at the Toronto Region Board of Trade, Tiff Macklem, the Governor of the Bank of Canada, emphasized the central bank's unwavering commitment to restore price stability and signaled a willingness to further increase interest rates if inflation persists significantly above the 2% target. In stark contrast, Federal Reserve (Fed) Chair Jerome...
Open Position : 100.00 Take Profit : 102.400,101.700 Stop lost : 98.250 Best regards
On the H4 chart it's already out of the cloud. Manifestation for continued decline. Chinkou Road is now clearly visible. It is in the lower position and nothing is stopping it. It is possible that the market will continue to hit the area of 98.00 and 97.50 which is the equilibrium price on the daily chart.
CSDJPY is on the rising Channel of its medium term Channel Up, rebounding on the 1D MA50. The 1D technicals are neutral (RSI = 53.031, MACD = 0.270, ADX = 28.072) and that always favors technically the dominant trend. So as long as the price is inside the rising Channel, our target will be the 1D MA200 (TP = 101.350). If a candle closes under the rising Channel...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello Guys, Like I mentioned in my previous post , FX:CADJPY is also currently in a daily demand zone and is poised to make the move up. To be frank, I have a long-term bullish bias on JPY, as my technical analysis on both the weekly & monthly timeframe of JPY index is bullish. Do you think this bullish move will happen? I think so. My next trade idea...
CADJPY has a similar pattern as USDJPY. Please see the attached USDJPY analysis: Please support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other...
CADJPY was in Bearish run. It seems that It will go Bullish if the trend breaks at 99.835. Analysis A Divergence can be seen on RSI indicator. Also a double bottom reversal pattern indicates a possible reversal. To make sure, trend needs to break the previous LH and then it will rally towards estimated TPs. Entry can be taken on below mentioned...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. CADJPY is has been overall bullish trading inside the fat rising red wedge, and this week we rejected the upper bound. As we approach the lower red trendline, we will be looking for buy setups on lower timeframes. Moreover, the green zone is a strong support. 🏹 So the...
Hi CADJPY(Canadian Dollar Vs Japanese Yen) is in Good Demand Zone and We hope a good Position Entry:98.347 SL:97.525 TP:104.212 RR= 1:7
CADJPY potential breakout trade, place your's buy and sell stop orders and place TP and SL. Manage your risk accordingly.
In the last analysis, I thought it would go straight to the level of 102. But actually, after breaking the old top, it had a correction. Now entry with stop loss below the cloud and target at 102.50 If you like what I share, please support me by clicking Like or leaving a Comment. I will use it as an encouragement and indicator to give you even more analytical...
CAD/JPY +190 Pips From My Free Trade Shared Yesterday Congrats
The CADJPY pair got a rejected yesterday near the 1D MA200 (orange trend-line), which hasn't been touched since November 30 2022. Since the March 24 Low the price has been trading within a Channel Up but the long term pattern is a Megaphone and yesterday's rejection took place on its top (Higher Highs trend-line). With the 1D MACD about to make a Bearish Cross,...
CADJPY is possibly correcting and might retest the 100 moving average, Fibonacci level of 61.8%, and the convergence of two local trends before resuming its downward movement. Share your thoughts in the comments and show support by liking the idea. For more ideas, follow me. Your support is appreciated!
CAXD/JPY BOOM BOOM +130 Pips Congratulation If U Entered With Me
According to my analysis using the Relative Strength Index (RSI) indicator, there is no divergence present at the moment. Trend is printing series of LHs and LLs. As part of my personal trade plan, I intend to enter a short trade with a 1:1 risk/reward ratio. However, it is essential that you conduct your own thorough research and risk management strategies...
CADJPY going bearish. Took the trade at 101.806. Trend was initially bullish but there is a bearish divergence and trend made its first LL. A rising wedge can also be seen as a reversal pattern. Entry (Sell Stop) : 101.219 Stop Loss : 101.806