✅CAD_JPY is trading in an uptrend Along the rising support line Which makes me bullish biased And the pair is about to retest the rising support Thus, a rebound and a move up is expected With the target of retesting the level above at 111.862 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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...
My dear friends, CADJPY looks like it will make a good move, and here are the details: The market is trading on 111.54 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 110.93 About Used Indicators: Pivot points are a...
CADJPY is trading in a long term bullish trend. After an extended correction, the market resumed growth and set a new higher high higher close on a daily, violating a key horizontal resistance. We can expect a bullish trend continuation. Next resistance - 112.5 ❤️Please, support my work with like, thank you!❤️
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 110.87, which is a breakout support level Our take profit will be at 110.38, a pullback support. The stop loss will be placed at 111.44, above a swing-high resistance High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
We have a very good setup on CADJPY with lower TF confirmations. Tight Stop loss will give you 66 Risk to Reward ratio. All my analysis can be wrong so do your own research and analysis before investing. #cadjpy
Market Observations: CAD/JPY has demonstrated a sustained bullish trend. However, the monthly timeframe indicates the pair is overextended. Furthermore, a double top pattern on the 1D chart suggests a potential retracement to the 50-61.8% Fibonacci levels. This zone could provide the necessary liquidity for major market players to accumulate long positions. Trade...
The CAD/JPY pair on the M30 timeframe presents a potential buying opportunity due to a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours. Buy Entry: Consider entering a long position around the current price of 111.19, positioned close to the channel...
CADJPY price actions shows 4H divergence with >90% bearish/short sentiment. Will it execute the bearish sentiment? Trade Plan (Bearish Bias) SL: Price HH Entry: Previous HL TP: 1:1 risk and reward + strong support level
USDCAD Long term bullish continuation. The Formation of long term yearly double bottom that was broken long ago and now the yearly candles are finishing the heavy load retesting heavy that took years to form. And on 2024 I'm expecting USDCAD to start the long gone rally that is supposedly to finish the formation of double bottom, break and retest of it and a...
📉 Overview: CADJPY, previously bullish, now shows bearish divergence on the 1-hour timeframe, forming its first lower high. With a strong 90% short market sentiment, there is significant support for an anticipated bearish reversal. 📊 Technical Analysis: Bearish divergence and the formation of a lower high suggest a potential shift from bullish to bearish. 📈...
CADJPY The price is moving in a parallel channel, and price is also above the support area, as long as price stays above the Support, I expect the price to move higher.... Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Will analyse markets and possible entries every day for 10 days. Send your pairs or questions ☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to...
CADJPY - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short CADJPY Entry Point - 110.80 Stop Loss - 111.12 Take Profit - 110.09 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear subscribers, This is my opinion on the CADJPY next move: The instrument tests an important psychological level 110.85 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 109.85 My Stop Loss - 111.5 About Used Indicators: On...
Hello,Friends! CAD/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 9H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 109.775...
Canadian Dollar Japanese Yen traded at 110.6680 this Monday February 12th, decreasing 0.2697 or 0.24 percent since the previous trading session. Looking back, over the last four weeks, CADJPY lost 1.94 percent. Over the last 12 months, its price rose by 11.42 percent. Looking ahead, we forecast Canadian Dollar Japanese Yen to be priced at 111.2592 by the end of...
Starting from March 2021, there has been a notable uptrend movement in the stock prices, breaking the price level of 84.7 and reaching a peak of 111.2 in September 2022. Following this, a correction occurred, forming a double bottom pattern within the range of 94.4 in March 2023, and now the prices have returned to the previous range of 111.2. At present, we are...