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CAD/JPY (1H timeframe)...CAD/JPY (1H timeframe) — I'm using the Ichimoku Cloud and a downtrend resistance line that’s just being tested.
Here’s the technical breakdown 👇
🔍 Analysis:
Price is currently around 107.12–107.20, testing the descending trendline.
The Ichimoku cloud (yellow area) is above current price, acting
CADJPY 4H Reversal — VMS Strategy in ActionEarlier we caught a clean setup on CADJPY — a textbook shooting star reversal followed by a strong engulfing candle. The uptrend leading into it was solid, volume spiked at 94, and momentum was at extreme highs before hooking down. Every trigger aligned, and it played out beautifully. ✅
VMS STRATEG
CADJPY: Gap Will Be Filled 🇨🇦🇯🇵
CADJPY will fill the gap that it formed 2 weeks ago.
A strong bearish momentum indicates that the price
will reach a gap opening level soon.
Goal - 105.86
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CADJPY Forming Ascending ChannelCADJPY is currently trading within a clear ascending channel, and price is pulling back after rejecting the upper boundary near the 110.00 psychological level. The recent bearish momentum suggests that buyers are taking profit, allowing sellers to regain short-term control. I’m watching for price to
CAD/JPY: Bearish Breakdown to 101.92?FX:CADJPY is displaying strong bearish signals on the daily chart , with price adhering to a downward trendline established since July 11th, forming successive lower highs that underscore persistent downward momentum . The highlighted " Compress Pattern " at the lower end suggests a period of c
CADJPY: Another Pullback Trade 🇨🇦🇯🇵
CADJPY is going to pullback from the underlined intraday support.
A bullish breakout of a neckline of a double bottom pattern is my
confirmation signal.
Goal - 108.39
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CADJPY: Bearish Move From Resistance Confirmed 🇨🇦🇯🇵
There is a high probability that CADJPY will retrace
from the underlined daily resistance.
A breakout of a support line of a rising wedge pattern
on 1H time frame provides a strong bearish signal.
I expect a retracement at least to 107.26
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I
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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 JPYCAD is 0.009316 CAD — it has decreased by −0.04% in the past 24 hours. See more of JPYCAD rate dynamics on the detailed chart.
The value of the JPYCAD pair is quoted as 1 JPY per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 JPY.
The term volatility describes the risk related to the changes in an asset's value. JPYCAD has the volatility rating of 0.67%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The JPYCAD showed a 1.56% rise over the past week, the month change is a −0.21% fall, and over the last year it has increased by 1.46%. Track live rate changes on the JPYCAD 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.
JPYCAD 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 JPYCAD 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 JPYCAD 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 JPYCAD shows the sell signal, and 1 month rating is sell. See more of JPYCAD technicals for a more comprehensive analysis.