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 Technical & Order Flow Our analysis is based on a multi-timeframe top-down approach and fundamental analysis.
Based on our assessment, the price is expected to return to the monthly level.
DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent inve
retail trading strategies **review**Intro :
Over the past two decades retail forex traders have gathered around a handful of trading methods, some taught by personalities, other emerging from various trading online communities. These strategies range from rules-based technical systems to conceptual frameworks and mostly try to expla
CADJPY: Another Gap 🇨🇦🇯🇵
One more peculiar gap that I see is on CADJPY.
A confirmed bearish Change of Character CHoCH
on an hourly, confirms a local strength of the sellers.
With a high probability, the price will drop to gap
opening level.
Goal - 106.65
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I am par
Bullish momentum to extend?CAD/JPY has bounced off the pivot, which acts as a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 107.20
1st Support: 106.88
1st Resistance: 108.24
Disclaimer:
The above opinions given constitute general market commentary, and do
CAD/JPY BULLISH BIAS RIGHT NOW| LONG
CAD/JPY SIGNAL
Trade Direction: short
Entry Level: 106.355
Target Level: 107.547
Stop Loss: 105.559
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my anal
CADJPY - H1CAD JPY has broken through an ascending channel putting an end to the bullish trend.
Price is currently pulling back to the 0.5-0.618 Fib which Could a good entry point.
Confluences for the trade:
- Price in a downtrend breaking the last series of highs and have made a huge move to the downside.
-
See all ideas
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 106.675 JPY — it has increased by 0.02% 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 0.54%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADJPY showed a −0.93% fall over the past week, the month change is a −0.80% fall, and over the last year it has increased by 1.73%. 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 sell 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 buy signal, and 1 month rating is buy. See more of CADJPY technicals for a more comprehensive analysis.