The currency pair has been in an upward trend over the past year. This currency pair has shown an upward trend. Something I think will continue in 2023 based on the technical analysis I have done. My target for this currency pair by January 2024 is 123.46 Trading in bullish markets is easier than in bearish markets CAD/JPY can be a good portfolio in 2023.
As of January 11, 2023, the current rate of CAD/JPY was 98.82 The currency pair has been in an upward trend over the past year. This currency pair has shown an upward trend. Something I think will continue in 2023 based on the technical analysis I have done. My target for this currency pair by January 2024 is 123.46 Trading in bullish markets is easier than in...
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the CADJPY pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG. The reason for that is because the Bank of Japan did not intervene in the long term to strengthen the JPY, they are...
#11 CAD JPY SHORT RIsk 1 % RR 1:2 Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market...
Here is another potential trade idea on CADJPY IF we see a breakout from the triangle that is forming. This triangle is forming after a good run to the upside, at a strong resistance level. So, if we see a breakout to the downside, this would be a very attractive trading opportunity, as price may be heading towards a lower low.
✅CAD_JPY will be retesting a resistance level soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
CADJPY close to weekly demand zone. Potential buy reversal from here.
CAD/JPY ... This is not signal... Dont risk more than 3% of your account on any trade...
CADJPY has now had its visit of fresh resistance. We have confirmed sellers and now have a breakout of the rising wedge pattern. I look to see sellers now take full control down to 95.9/95.8 area where we have seen a lot of bullish movement forming support.
Looking for a sell opportunity around the 99.30 range. Price is correctively moving towards an area of interest which could see react to a double top. Look for an entry that fits your trading plan. Thanks Trade Safe
Hello,Friends! CADJPY current trading paterns are clearly pointing In the direction of a short trade That is why I am bearish on the CADJPY pair And I think it will go down! Like and subscribe and comment my ideas if you enjoy them!
As long as the CAD/JPY parity stays above 95.70, I think it can see 99.55, then 101.60 and 105.00 levels.
The CADJPY pair has gone a long way since we caught the perfect sell at the top on our September 20 2022 idea as it hit our 1W MA50 target: The price broke even lower and touched the bottom of the Channel and the Higher Lows trend-line that started on the March 09 2020 Low, and has since been rebounding. As we mentioned on our last analysis, we can expect a...
Same as GBP/JPY you can see mi idea on that pair. What you think about this pair ?
The Canadian Dollar vs. the Japanese Yen. When a trader is unsure about trading the US Dollar, the CADJPY is often determined to be a suitable replacement. However, the historically higher yield of the Canadian dollar in the past has made the CADJPY more sensitive to market wide sentiment changes than the USDJPY. Also, Canada’s large amount of energy exports, most...
Buy CADJPY Entry: 95.80 Stoploss: 95.40 Take profit: 97.15 Its good time to buy now
Cycle from 9.13.2022 high is in progress as a 5 waves impulse Elliott Wave structure and the structure is nearing the end. Down from 9.13.2022 high, wave (1) ended at 104.51, and wave (2) rally ended at 110.35. Pair declines lower in wave (3) towards 95.86 as the 1 hour chart below shows. Rally in wave (4) ended at 99.29 with internal subdivision as a double...