Bullish move on cadjpyOANDA:CADJPY
Price shows rejection around 106.000 with closure of multiple daily candles.
we expecting to be bullish until 110.000
About Canadian Dollar / Japanese Yen
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 notable oil, causes it to be affected by crude oil prices.
Related currencies
CADJPY: Stalking a Pro-Trend Long from the Demand ZoneThe instrument is in an uptrend and is showing the beginning of a potential correction on the 4H structure. If the correction continues its downward movement, long positions can be considered from the DEMAND zone in conjunction with a reaction from one of the Fib levels.
The entry condition will
SHORT ON CAD/JPYCAD/JPY has pulled back to a major supply area and is currently showing bearish pressure/momentum on the lower timeframe.
The Jpy index is also starting to rise from a demand are which will impact cad/jpy falling more.
I am looking to catch 300-400 pips this week selling cadjpy to the next demand
CADJPY: Two Key Scenarios for the Next Pro-Trend LongAfter breaking out of the global range, the instrument has started a correction on the 4H structure, which could potentially transition to the daily structure.
If the corrective decline continues, there will be two potential reversal levels on the price's path inside the Daily Order Block for a c
cadjpyin h4 i see head and shoulders, after many verbal intervention from boj its possible we going to see more downtrend
CADJPY: Short Trading Opportunity
CADJPY
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell CADJPY
Entry Level - 108.83
Sl - 108.98
Tp - 108.55
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a mon
CADJPYThe current uptrend is valid, and as long as the 108.9 support holds, the next targets in the 111.8 to 112.3 range remain active.
CAD/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
It makes sense for us to go long on CAD/JPY right now from the support line below with the target of 110.285 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s p
CADJPY Price looks to be in the process of making a head & shoulder pattern on the 4H timeframe. This is after price pulled back from the daily resistance area of 110.300.
CADJPY – 4H Chart: Head & Shoulders + Trendline ConfluenceGood morning,
We’re watching a clean head and shoulders pattern forming on the 4-hour chart.
Price is testing the neckline area now — a break below and then a pullback could set up a strong short opportunity.
What makes this one even more interesting is the downtrend line drawn from previous swing
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of CADJPY is 110.612 JPY — it has decreased by −0.10% in the past 24 hours. See more of CADJPY rate dynamics on the detailed chart.
The value of the CADJPY pair is quoted as 1 CAD per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADJPY has the volatility rating of 0.21%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADJPY showed a 1.09% rise over the past week, the month change is a 1.80% rise, and over the last year it has decreased by −0.25%. Track live rate changes on the CADJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADJPY technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADJPY shows the strong buy signal, and 1 month rating is buy. See more of CADJPY technicals for a more comprehensive analysis.