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CADJPY trade ideas

CADJPY Massive Short! SELL! My dear subscribers, CADJPY looks like it will make a good move, and here are the details: The market is trading on 106.90 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 106.61 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
Bearish reversal off pullback resistance?CAD/JPY is rising towards the pivot and could reverse to the 1st support. Pivot: 107.14 1st Support: 106.08 1st Resistance: 107.73 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
CADJPY Technical & Order Flow AnalysisOur 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 investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you. Please support our analysis with a boost or comment!
Short
by Derry_Trades
1
CADJPY Technical Analysis – Daily TimeframeCADJPY Technical Analysis – Daily Timeframe The CADJPY pair moved in an uptrend from 101.46 to around 105.90. On August 15, the pair broke its ascending trendline, and on August 18 it retested the broken line before starting its bearish move. ⬇️ Currently, price is trading near 106.70, just above the 0.382 Fibonacci retracement at 106.00. With continued bearish pressure, further downside targets are expected at: 0.50 Fib around 105.15 0.61 Fib around 104.25 📌 Conclusion: The short-term outlook remains bearish as long as CADJPY trades below the broken trendline, with deeper Fibonacci retracements likely to be tested. #CADJPY #Forex #Trading #TechnicalAnalysis #PriceAction #Fibonacci #Trendline #ChartAnalysis #FX
Short
by AhmedHassanien
CAD/JPY: Is a Bullish Breakout Imminent The CAD/JPY chart is setting up for a potentially powerful move to the upside. The pair appears to be forming a descending wedge pattern, a classic technical formation that often signals a bullish reversal. Let's look at the signs pointing to a breakout: * The price has been trending downward, but the momentum is clearly slowing. * The upper and lower trendlines are converging, creating a "squeeze" that is building pressure for a significant move. * A strong push and break above the upper trendline would confirm this pattern, signaling a potential rally. A successful breakout could see the price push toward the 108.000 resistance level, or even higher, toward the recent highs near 109.500.
Long
by Elrouby
1
The 3 Reasons CAD/JPY Is BullishThe CAD/JPY currency pair is showing strong bullish momentum, and technical signals confirm that buyers are firmly in control. Here are the three key reasons: 1. Price Is Above the 50 EMA The 50-day Exponential Moving Average (EMA) often acts as a short-term trend filter. With CAD/JPY trading above this level, it signals that buyers have the upper hand in the near term. Short-term corrections are being absorbed by the market, showing strength in the uptrend. 2. Price Is Above the 200 EMA The 200 EMA is the benchmark for long-term trend direction. When price holds above this line, it suggests that the pair is not just experiencing a temporary rally but is instead in a sustained bullish environment. With CAD/JPY above both the 50 and 200 EMA, the alignment between short-term and long-term trends points to further upside potential. 3. Price Has Gapped Up, Confirming Momentum Gaps often reflect strong buying pressure and conviction from traders. A bullish gap in CAD/JPY reinforces the strength of the current trend and signals that investors are aggressively positioning for higher prices. This kind of price action often occurs when the market has a strong underlying fundamental or technical driver. Conclusion With CAD/JPY trading above both the 50 EMA and 200 EMA, combined with a bullish gap confirming momentum, the outlook remains strongly positive. Unless major resistance levels trigger a pullback, the path of least resistance is upward, and trend-following traders may look for buying opportunities on dips. ⚠️ Disclaimer: This article is for educational purposes only and does not constitute financial advice. Always test strategies on a simulation/demo trading account before applying them to live markets.
Long
by lubosi
5
CADJPY Sellers Defend Resistance, Bears Eye Deeper CorrectionCADJPY is stalling once again at the 107.10–107.50 resistance zone, where sellers have stepped in multiple times over the past sessions. Price is forming a clear rejection pattern after retesting supply, suggesting that momentum is shifting in favor of the bears. With crude oil volatility weighing on CAD and safe-haven demand supporting JPY, this setup looks poised for a potential downside leg. Current Bias Bearish — short-term rejections at resistance open the door for a move lower toward 106.30 and 105.20. Key Fundamental Drivers Crude oil dynamics: CAD’s correlation with oil remains strong; lower oil prices weaken CAD and reinforce downside risk in CADJPY. BoJ normalization risks: Any hint of a shift in Japanese monetary policy or discussions around yield control tends to boost JPY. Risk sentiment: Risk-off flows typically drive JPY higher, while CAD suffers under global growth concerns. Macro Context Interest rate expectations: BoC is seen as close to its peak rate, with limited room for further hikes, while the BoJ is slowly signaling normalization steps. Economic growth: Canada’s growth is vulnerable to commodity fluctuations, while Japan’s economy, though modest, is gaining traction from external demand and JPY’s relative undervaluation. Commodity flows: Oil weakness puts pressure on CAD, while defensive flows boost JPY. Geopolitical themes: Tariffs, trade disruptions, or Middle East tensions could amplify demand for JPY as a safe haven. Primary Risk to the Trend A strong rebound in crude oil or dovish BoJ messaging could support CADJPY and push the pair back above 107.50 resistance, invalidating the bearish setup. Most Critical Upcoming News/Event Canada CPI / Retail Sales (key for BoC policy outlook) BoJ statements on monetary policy or FX stability Leader/Lagger Dynamics CADJPY often trades as a lagger, following oil and USDJPY trends. It tends to be influenced by WTI crude prices and USDJPY moves, which dictate directional bias. Key Levels Support Levels: 106.35, 105.95, 105.20 Resistance Levels: 107.10, 107.50 Stop Loss (SL): 107.55 Take Profit (TP): 106.35 (first target), 105.20 (extended target) Summary: Bias and Watchpoints CADJPY is showing rejection at a major resistance zone, with sellers stepping in to cap upside momentum. The bearish bias remains valid as long as the pair stays below 107.50, with downside targets set at 106.35 and 105.20. A stop loss above 107.55 protects against a breakout reversal, while oil price fluctuations and BoJ rhetoric remain the most important watchpoints. Unless crude oil rallies sharply or Japan signals dovish backpedaling, the path of least resistance appears to favor the bears.
Short
by ultreosforex