CAD to JPY — Canadian Dollar to Japanese Yen

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Key data points

Pair info

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.

Ideas

CAD-JPY Supply Level Above! Sell! Hello,Traders! CADJPY is approaching the horizontal supply area after a strong bullish recovery, with momentum likely to fade as sellers defend the zone and trigger a bearish reversal.Time Frame 7H. Sell! Comment and subscribe to help us grow! Check out other forecasts below too!

by TopTradingSignals

CADJPY: Another Bullish Confirmation 🇨🇦🇯🇵 I see another strong bullish confirmation on CADJPY after the release of Canadian CPI data. There is a valid bullish break of structure BoS on a 4h time frame. The price may rise further and reach 115.15 level soon. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Natio

by VasilyTrader

Morning Market Brief [14.08.]Good Morning and welcome to todays analysis of the forex market. We will go through my watchlist of currency pairs for this week with a top down analysis to discover high level trading opportunities for the upcoming day. Take care and trade safely Nico

14:38

by Nico_Lochte

CADJPY: Bearish Drop to 110.82?As the previous analysis worked exactly as predicted, FX:CADJPY is eyeing a bearish reversal on the 4-hour chart , with price approaching a clear resistance zone near the 0.786 Fibonacci level and the downward trendline after recent recovery, converging with a potential entry area that could

by Master_Hunter

Heading towards 61.8% Fib resistance?CAD/JPY is rising toward the resistance level, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 114.15 Why we like it: There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.

by Vantage

Rising toward overlap resistance?CAD/JPY is rising toward the pivot, which acts as an overlap resistance and could reverse toward the pullback support. Pivot: 114.71 1st Support: 113.31 1st Resistance: 115.46 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of

by IC Markets

Falling toward key support?CAD/JPY is falling to the pivot and could bounce toward the 1st resistance, which acts as an overlap resistance. Pivot: 113.56 1st Support: 112.81 1st Resistance: 114.73 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Ma

by IC Markets

CADJPY: Trend-Following Trading Setup 🇨🇦🇯🇵 CADJPY will likely pull back from a strong intraday horizontal support. A bullish breakout of the resistance line of a falling wedge pattern on an hourly time frame indicates a strong buying sentiment. Goal - 114.85 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation

by VasilyTrader

Bulllish bounce off pullback support?CAD/JPY is falling toward the support, which is a pullback support and could bounce from this level to our take profit. Entry: 113.46 Why we like it: There is a pullback support level. Stop loss: 112.42 Why we like it: There is a pullback support level. Take profit: 115.18 Why we like it: There i

by Vantage

CADJPY: Bullish Continuation Setup CADJPY: Bullish Continuation Setup CADJPY continues to show a clear bullish recovery after the sharp sell-off at the beginning of August. Price has been forming a sequence of higher highs and higher lows, indicating that buyers are gradually regaining control. The recent price action shows mult

by KlejdiCuni

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Technicals

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