CADJPY trade ideas

SignalProvider

Here is our detailed technical review for CADJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 110.317. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 110.600 level. P.S Please, note...

ProSignalsFx

✅CAD_JPY is going down to retest a horizontal support around 110.200 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 110.600 LONG🚀 ✅Like and subscribe to never miss a new idea!✅

Enoch_Mpye

Expecting a CADJPY pull back to 110.70. Tuesday was a bearish day... With no solid correction towards the end of day. The bears who sold yesterday, will be looking to close and secure their profits. Hence the the expected pull back. Happy trading ;))

EliteTradingSignals

Hello,Friends! We are going long on the CAD/JPY with the target of 110.927 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅

Sjcosmas Updated 

I already got my entry here at 110.756. I am looking to re-enter at 110.692 while i take partials at 110.520 and hold running till 110.134. Check comment for 5min for entry criteria.

OJ2003

Price hit the FVG area and is coming back down to break structure and create more strength to the downside

rezamousavi

After false breakout above 111.00 level, Canadian dollar will weak and send CADJPY under 107.00 Trade safe. Good luck.

johnchedi11

after the liq on 30m time occours then we must see the price to the upside we just need to force with buyuing no selling look on my anlyis

kacim_elloitt

CAD-JPY retested the Broken rising support line And is now making a pullback So I think that it will go Even further down !

alirezadehghan1372

The Canadian Dollar/Japanese Yen symbol will move higher when it hits the entry point OANDA:CADJPY

Adam_Currency

BUY CADJPY TP 111.500 SL 110.000 what you think???

TheGrove Updated 

Hello Traders, here is the full analysis. The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY opportunity CADJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about...

Frontline_Traders

cadjpy is looking for the bearish trend and 110.80 is looking good retest level and we can add our short position here if we talk about the weekly trend then weekly trend will be go down with strong Candlestick formation

ChampsMoneyConcepts

The CADJPY has recently confirmed a bearish breakout from a rising wedge pattern. This breakout follows a prolonged period of strong bullish momentum. With this bearish setup confirmed, we anticipate a retracement in price. Furthermore, a significant supply level has formed at the peak, suggesting increased selling pressure may ensue.

ICHIMOKUREPORT

Moving down to the 1 Hour timeframe, we see price has begun moving into the Kumo and to the far right, we see the Kumo has begun pointing down but it is still green which leads me to believe that price is still Bullish but Retracing.

ICHIMOKUREPORT

Moving down to the Daily timeframe, with the Ichimoku overlay, we see price is retracing but I have shaded the Buy Stops that are resting above the past weeks' highs.

ICHIMOKUREPORT

I forecast CADJPY long this week. Using ICT Concepts, I think it probable that price will move lower initially, perhaps the first part of the week in order to fill fair value gaps that can be seen on the 15 minute timeframe.

Finchcliffe Updated 

There's not much in the way of this move from what I can see. Yen continues to be the weakest currency in the G10 (for now, BoJ look set to intervene at some point this year) and for the short term I expect this to continue to meet the descending long-term trendline that's formed. I'll be looking for sells around 115 with any LTF confirmation, but until then I'm...