Guys Am currently looting some money in this CADJPY Market. My Heist started at the Moving average Pullback in Sydney session💰.
Hello, traders I have been analyzing the CADJPY market trend for a while now and if you look closely it has created a rising wedge pattern on a Daily time frame for my understanding, this pattern signals a bearish move. So now I will wait for the price to break the trend line and that zone I highlighted and come back to it and act as resistance then I can look for...
Hello,Friends! CAD/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 110.076 because the pair oversold due to its proximity to the lower BB band and a bullish correction is...
Though we have a bearish outlook on the monthly charts, currently we are in a strong bullish correction that is printing higher highs seeking to mitigate supply zones (118).On the weekly charts we still have the same bullish bias. On the daily charts, we are in a minor bearish correction targeting the weak demand zone between 108-94 price handle. On the 4 hour we...
**The Canadian dollar (CAD) surged against the Japanese yen (JPY) in January due to the yen's dramatic fall to record lows. This weakness in JPY caused all JPY pairs, including CADJPY, to rise significantly.** However, the trend seems to be reversing. The yen has begun to strengthen in February and is expected to continue this bullish momentum throughout...
The CADJPY pair has broken through and closed below a significant horizontal level on the 4-hour chart, indicating strong selling pressure and suggesting a potential continuation of the bearish trend. It is likely that the pair will decrease further, so traders should look for opportunities to enter on a retest of the broken structure.
Bearish Gartley pattern. Look for sell opportunities.macd indicates loss of momentum forming lower lows.
We are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs. Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement- then we look for a bearish market structure shift on the 1hr and ATTACK! This is looking like a very yummy short! Follow and Stay tuned my friends ;)
As per my Technical analysis the trend is bullish possibility to move as per mention in chart. Above 108.800 the price is move upper side as per current scenario.
Assalam-o-Alaikum, I want to discuss the CADJPY pair with you. The market structure is bearish on the daily chart, but there is strong support at the current level. On the H4 chart, the market structure is also bearish, and there is a chance that the market will retest the previous low and move upwards (FVG). Based on these two pieces of evidence, it seems we...
First stop 110.500, target 107.500 in long-term view
Hello,Traders! CAD-JPY kept falling down But has now reached a Horizontal support of 108.871 From where I think we Will see a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The expected trend for this asset this week is: BULLISH So apart from searching for market orders, we are going to schedule the next order; that it will be removed on Wednesday afternoon if the price has not reached there. Remember that this is just one of the three operations we use for forex trading. Luck and blessings.
Cadjpy has been strongly bearish, daily major level of support has been reached at 109.075, i believe market has come to its end of its bearish run, closing for the weekend with a rejection candle in 4hr time frame. Im looking to see a rejection of support level before reversal.
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to make a retracement to fill the imbalance and then to reject from bearish order block + institutional big figure 110.000. Like, comment and subscribe to be in touch with my content!
- Low volume to continue the current direction - Year + 6M + 3M + 1M high-level resistance - Return to the Uptrend line We define 3 goals: TP 1 = 80 pips TP 2 = 200 pips TP 3 = 400 pips
✅CAD_JPY fell again to retest the support of 108.884 But it is a strong key level So I think that there is a high chance We will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.