CAD/JPY 1H chart Pattern..CAD/JPY 1H chart:
Current price is around 107.43.
I have already marked two downside target levels with arrows.
📉 Targets shown:
1. First target: ~ 107.00
2. Second target: ~ 106.30
So if CAD/JPY continues to reject from the red resistance zone, my downside targets are:
TP1 → 107.00
TP2
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: Bearish Forecast & Outlook
The price of CADJPY will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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CADJPY LONGMarket structure bullish on HTFs 3
Entry at Both Weekly And Daily
Weekly Rejection at AOi
Weekly EMA retest
Daily Rejection at AOi
Daily EMA retest
Around Psych Level 107.000
H4 Candlestick rejection
Rejection from Previous structure
Levels: TP BASED OFF PRICE ACTION
Entry 115%
REMEMBER : Tra
CADJPY Momentum Stalls, Sellers Look for ControlCADJPY has tested the 107.40 zone but failed to sustain a breakout, suggesting fading bullish momentum. With oil prices struggling to find direction and the yen attempting to stabilize after weeks of weakness, sellers are circling. The chart structure points to a potential corrective leg lower if th
CADJPY Expected Growth! BUY!
My dear friends,
CADJPY looks like it will make a good move, and here are the details:
The market is trading on 106.74 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the m
CADPJY(15) SELLWhy I took a sell on CAD/JPY this week:
CAD is under pressure from a stronger USD, widening yield spreads, and weak risk sentiment.
Oil hasn’t provided enough support to lift CAD.
JPY is gaining strength as a safe-haven in uncertain conditions.
Technically, CAD/JPY rejected resistance and shows exh
Cadjpy shortEntry Zone (Supply Area):
Around 107.59 – 108.08 (highlighted grey box).
Price is expected to react bearish from this resistance zone.
Stop Loss:
Just above 108.08 (top of the supply zone).
This protects against a breakout continuation.
Target Zone:
Around 106.00 – 105.95 (lower green box).
This i
CAD-JPY Free Signal! Sell!
Hello,Traders!
CADJPY rejects a horizontal supply area after a fakeout sweep, signaling SMC distribution. Bears aim to drive price lower into liquidity resting near 107.27. Time Frame 2H.
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Stop Loss: 107.616
Take Profit: 107.271
Entry: 107.435
Time Frame: 2H
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CADJPY Breakdown Incoming? Specs Selling CAD, Buying JPY1. Retail Sentiment
68% long vs 32% short → The majority of retail traders are positioned long.
From a contrarian perspective, this increases the risk of a downside move to flush out these long positions.
2. Seasonality
JPY (September): historically tends to appreciate from mid-month onward.
CAD (S
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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 106.830 JPY — it has decreased by −0.32% 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 0.06%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADJPY showed a −0.31% fall over the past week, the month change is a −0.02% fall, and over the last year it has increased by 1.54%. 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 neutral 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.