#CADJPY - CADJPY is currently being BUY very well due to the current MARKET SENTIMENT. So CAD automatically went up. And as expected, a JPY WEAKNESS came in the last few weeks. This was because the Bank of Japan did not continue to intervene to strengthen the JPY. Meanwhile, CAD has become very STRONG in the last few days due to the increase in OIL prices. ...
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...
my view on cadjpy is bullish becuz it formed a cup and handle pattern and risk to reward is also perfact
#CADJPY - At this point, CADJPY is selling very well due to the current MARKET SENTIMENT. So CAD automatically went down. And unexpectedly, a JPY STRONG came in the last few days. This was because the Bank of Japan intervened to strengthen the JPY. In the meantime, CAD has become very weak in the last few days because the price of OIL has gone down. - But...
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.
Eve bottom formed cadjpy daily time frame. Demand zone 105.45 & 104.75 for long target 108.60. stop loss 104.50.
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.
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.
CADJPY had been trading in a bullish trend but on the 22nd Sep, it broke the range and traded below the rising trendline. Currently, it is trading in a 10 days rectangle range where a break of downside is possible. We are expecting at least 100 pips downside move in CADJPY whenever the range breaks. Trade your levels accordingly.
CADJPY LONG ON THE DEMAND ZONE IT IS JUSD IDEA!!! If you lose money, I will not be responsible, so make your own decision!
CAD/JPY ::: The previous analysis is still usable and you can choose the next targets by looking at it . <<< GOOD LUCK >>>
CADJPY CHART ANALYSIS ! Let's see how this pair will perform based on the analysis. Trade safe use proper risk management always.
CAD/JPY ::: 1_ Orange channel :: It is drawn in the time frame of one hour. It is currently at the ceiling of this channel, and its ceiling is a good resistance and will lead the price down to a large extent . 2_ Blue channel :: It is drawn in the time frame of 4 hours. And the price reacts a lot to the bottom of the blue channel, but has not been able to break...
CAD has been doing great recently. With this time in the world with more caution how the tend back economically, I see no struggle in CAD holding its its stands in the Bullish Trend. With only 2% risk, we go long hoping for the all time high journey retest for CADJPY. As always #fingerscrossedtrader
Ascending Triangle on CAD JPY and breakout has occur we waited for the retest which has just happened now we are looking for market reactions and candlestick pattern for entry.
With the pair making a 14 year high and entered a short term corrections, Bulls are taking CADJPY higher with a possible target above 115. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
CAD/JPY Buy.... Dont risk more than 3% of ur account. * High risk...