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CADJPY trade ideas

CAD/JPY – 4H Technical & Fundamental AnalysisCAD/JPY – 4H Technical & Fundamental Analysis Canadian Dollar remains under pressure amid slowing exports, weak domestic demand, rising unemployment at 7%, and subdued business investment — all raising recession risks. In addition, recent trade tensions and high U.S. tariffs further weigh on CAD sentiment. From a technical perspective, the pair has lost bullish momentum after breaking the major key support, creating a Change of Character (CHoCH) to the downside. Following this break, sellers entered the market, but market makers hunted liquidity above recent highs before pushing the price lower again. Price is now approaching the 107.180 zone, with a potential setup for a further bearish continuation if broken decisively. 🔽 Sell Setup Plan: Entry (Sell Stop): 107.180 Stop Loss: 107.700 (above liquidity zone) Take Profit: 105.960 (next minor key support) 📌 Disclaimer: This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
Short
by RebornFXTrader
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!
Long
by Derry_Trades
3
CADJPY: Moving in a clear rising channelCADJPY is currently respecting a well-defined rising channel structure, with price reacting cleanly to both the upper and lower bounds of the channel. After a sharp correction, price has once again tapped the lower trendline support, a level that has triggered bullish reversals, and is now showing early bullish signs. This bounce suggests the market is preparing for another leg up, with 108.600 marked as a key target near the midline of the channel, which often acts as dynamic resistance in trending conditions.
Long
by TrendDiva
24
CADJPY SMC Trade (Higher Timeframe: 1H | 15M/5M Entry🔷 1H Structure Overview: The market is in a bearish structure on the 1-Hour timeframe. Price is approaching a strong supply zone marked near the previous strong high. There’s an imbalance (IMB) visible—indicating potential reversal. 🔸 15-Minute POI (Point of Interest): On the 15-minute chart, price is slowly rising toward the POI. The POI lies within the 1H supply zone, aligned with Smart Money Concepts (SMC). This is a high-probability sell setup. ✅ Entry Plan: Wait for price to tap into the 15M POI (supply zone). Observe for a CHoCH (Change of Character) or Break of Structure (BOS). Once confirmed, enter a Sell trade. Keep your Stop Loss (SL) just above the supply zone. Set Take Profit (TP) at the previous Weak Low. 🎯 Risk to Reward (RR): Targeting a 1:10 Risk to Reward trade. Very attractive due to HTF confluence, liquidity sweep, and supply rejection. 🧠 SMC Logic Used: HTF Supply + IMB CHoCH Confirmation Liquidity Grab Above Strong High Entry on 15M with Precision Targeting Weak Low for Continuation
Short
by Lihasuu
CAD/JPY Enters Bearish Trend on 4H Chart – Key Levels to MonitorCAD/JPY Enters Bearish Trend on 4-Hour Chart – Key Levels to Monitor The CAD/JPY currency pair has recently confirmed a bearish trend shift on the 4-hour timeframe, signaling potential further downside in coming sessions. This technical deterioration follows a decisive breakdown below the previous swing low, accompanied by significantly higher trading volumes – a strong indication of increasing selling pressure. The high-volume breakdown suggests institutional participation in this move, giving added credibility to the emerging downtrend. Critical Technical Developments: 1. Trend Structure Breakdown - The pair has established a clear sequence of lower highs and lower lows 2. Volume Confirmation - The breakdown occurred with notably elevated trading volumes 3. Momentum Shift - Oscillators like RSI remain below key levels, supporting bearish momentum Key Price Levels: Downside Target: 105.00 This psychological support level represents the next major target for bears. Historical price action shows this area has previously acted as: - A pivot point for multi-week reversals Upper Resistance: 109.00 This level now serves as critical overhead resistance where: - Previous support becomes new resistance - Sellers are likely to re-emerge on any retests - A close above would invalidate the current bearish structure Trading Strategy Considerations: For bearish traders: - Short positions on pullbacks toward 107.50-108.00 may offer favorable risk/reward - Position sizing should account for potential volatility spikes - Initial targets can be scaled at 106.50 followed by 105.00 For potential buyers: - Caution advised until clear reversal signals emerge - The 105.00 level may offer a potential bounce opportunity if supported by: - Bullish candlestick patterns - Divergence on momentum indicators - Reduction in selling volume Risk Management Notes: Traders should monitor: - Crude oil price fluctuations (key CAD driver) - Bank of Japan policy signals - Canadian employment data (upcoming releases) The current technical setup favors bearish positions, with the 109.00 level acting as a critical line in the sand for any trend reversal scenarios. As always, strict risk management remains essential given potential volatility in this currency cross.
Short
by Brillant_Capital
CAD/JPY BULLS ARE STRONG HERE|LONG Hello, Friends! We are now examining the CAD/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 108.573 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1
CADJPY - Wave C Near Completion: Big Drop Coming!We’ve been tracking CADJPY for years, and price has followed Elliott Wave structure almost perfectly. In mid‑2024, an ending diagonal signalled the top and kicked off a major bearish impulse. That drop formed wave A of the current ABC correction. Wave B completed in late 2024, and price is now in wave C -pushing toward the 50–61.8 % Fibonacci retracement, which marks our sell zone. We’ll be watching for a trendline to form into this zone. A clean break of that trendline will be our trigger to enter shorts. Trade Idea: - Watch for rejection in the 50–61.8 % sell zone - Aggressive entry: Inside sell zone with stops above rejection - Conservative entry: On break of trendline, stops above the break candle Targets: TP1: 101.5 (1000pips) TP2: 95 ( 1650pips) Optional: Leave a runner for a long-term swing See below for our previous CADJPY setups: Swing 1: Swing 2: Swing 3: Swing 4: Goodluck and as always, trade safe!
by WicktatorFX