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Cadjpyshort

CAD/JPY — Key Resistance Rejection: Short Opportunity FormsThe pair recently approached a strong horizontal resistance zone where price previously reversed. Current price action suggests rejection from this level, signaling potential downside pressure. Bearish candlestick patterns and weakening momentum indicate that sellers may be regaining control, making a short trade favorable for a tactical move. If the price fails to break above resistance decisively, a retreat toward previous support levels is likely — this aligns with classic resistance‑flip failure / trend continuation to downside. Key levels to watch: Entry (sell): near current resistance (~where price rejection is confirmed) Target: next major support / swing‑low zone Stop‑loss: just above resistance zone to minimize risk in case of breakout Professional takeaway: Wait for confirmation of resistance rejection (bearish candle or multiple rejections). Avoid entering prematurely before clear signs of seller dominance.
Short
by ZACKFX7
2
CADJPYMarket Structure Trend Before Reversal Strong bullish move from early October to mid-November. Structure formed a rising wedge → classic exhaustion pattern. Liquidity Trap Identified Price spiked above 111.440, grabbed liquidity, then immediately reversed. This is labeled “TRAP” on your chart. Such moves usually mark: → End of bullish trend → Beginning of distribution This kind of wick is typically engineered to trap breakout buyers before institutions reverse price.
Short
by Winlouh
CAD/JPY – Wedge Breakout Pattern (21.11.2025)📝 Setup Overview OANDA:CADJPY CAD/JPY has broken below a rising wedge structure, signaling weakening bullish momentum. After multiple rejections at the resistance zone, price is now losing steam below the Ichimoku cloud, showing early bearish pressure.A clean breakout + retest scenario opens the door for downside continuation toward the next demand zones. 📌 Trading Plan📍 Entry Idea: Look for bearish continuation below the wedge support + cloud rejection. 🎯 Targets (Support Levels): 1st Support: 111.022 2nd Support: 110.561 🛑 Resistance Zone: 112.014 – 112.294 This zone continues to act as a strong supply area where sellers took control repeatedly. 📉 Today’s Fundamentals – Bearish CAD Bias 1️⃣ Crude Oil Pullback → Weakens CAD Canada’s economy is heavily tied to oil prices. Today’s dip in crude oil puts pressure on the CAD, giving JPY an advantage. 2️⃣ Safe-Haven Demand Supports JPY With global markets showing risk-off sentiment (concerns over slowing global growth + uncertain central bank guidance), investors favor safe-haven currencies like the Japanese Yen. 3️⃣ BoC Policy Tone Still Cautious Recent Bank of Canada communications show limited confidence in economic momentum. Markets expect slower growth → bearish CAD outlook. ➡️ Combination of oil weakness + JPY strength + wedge breakdown = bearish continuation setup. 🔖 Hashtags #CADJPY #ForexAnalysis #PriceAction #WedgeBreakout #Ichimoku #FXTrading #TechnicalAnalysis #FundamentalAnalysis #SmartMoney #TradingViewCommunity #Kabhi_TA_Trading ⚠️ Disclaimer This analysis is for educational purposes only. Not financial advice. Always manage your risk and trade based on your plan. 💬 Support the Work If you found this analysis helpful, please LIKE & COMMENT on the post ❤️ Your support motivates more high-quality setups daily!
Short
by KABHI_TA_TRADING
53
CADJPY: Ending Diagonal + RD(_) = Downtrend StartingToday, I’d like to share a Short positioning opportunity on the CADJPY pair . In the current scenario, CADJPY is moving within a Resistance zone(112.100 JPY-109.500 JPY) and is close to a Potential Reversal Zone(PRZ) as well as the upper line of the ascending channel. From an Elliott Wave perspective, it seems that CADJPY is completing the microwave 5 of the microwave C of the main wave Y , and the microwave 5 appears to be forming an Ending Diagonal . Additionally, we can observe a negative Regular Divergence (RD-) between the peaks. Fundamental analysis : Considering the above analysis, and also taking into account the fundamental conditions, Canada’s core inflation came in softer than expected, reinforcing the BoC’s easing path, while JPY benefits from the current risk-off tone. Fundamentally, CADJPY remains biased to the downside. Finally, based on all the above, I expect that CADJPY will begin its downward trend, with a First target at 109.103 JPY Take Profit(2): 108.543 JPY Stop Loss(SL): 118.820 JPY(Worst) Please respect each other's ideas and express them politely if you agree or disagree. Canadian Dollar/ Japanese Yen Analysis (CADJPY), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
15
CADJPY – Rounded Top Reversal Forming at Key ResistanceAfter a strong bullish move, CADJPY has reached the 109.25–109.28 resistance zone, which has acted as a supply area multiple times. The chart structure shows a rounded top pattern, signaling potential exhaustion in the uptrend. 💡 Technical View: Price repeatedly rejected from 109.27 zone. Rounded top indicates weakening buying momentum. A descending curve formation suggests upcoming bearish correction. Rising trendline below (around 108.80–108.60) could be the next target zone. 📉 Trade Setup (Signal): Entry (Sell): below 109.20 Stop Loss: 109.35 Take Profit 1: 108.90 Take Profit 2: 108.60 🧭 Bias: Short-term bearish 💬 Expecting price to turn down after testing resistance. If the pair breaks above 109.35 with volume, bearish view becomes invalid.
Short
by forexinworld
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 consolidation and price compression, often preceding a volatile breakout to the downside as sellers build pressure against key supports. Entry zone between 108.86-109.75 for a short position. First target at 101.75 (risk-reward >1:2.5) , second at 101.92 (risk-reward >1:5.5) near major support zones. Set a stop loss on a close above 110.05 to guard against an upside reversal. Seek confirmation through a decisive break below the entry with elevated volume. 🌟 Fundamentally , this week we have Canada's inflation rate report, which significantly impacts CAD—recent data shows September YoY inflation at 1.9% and core at 2.6%, potentially influencing BoC policy. Additionally, Japan's trade balance report this week could introduce volatility to JPY, with the Merchandise Trade Balance Total scheduled for October 22st. 💡 📝 Trade Plan: ✅ Entry Zone: 108.86 – 109.75 (short entry near resistance/trendline) ❌ Stop Loss: Close above 110.05 🎯 Targets: TP1: 107.75 (R:R > 1:2.5) TP2: 101.92 (R:R > 1:5.5) What's your perspective on this setup? Share in the comments! 👇
Short
by Master_Hunter
3
CADJPY Fading the Rally Bears Target 105.40 After Sharp ReversalCADJPY surged to fresh highs near 109.70 but quickly lost momentum, with sellers stepping in and pushing the pair lower. This sharp rejection hints at a possible top formation, especially as oil prices soften and Canadian data highlight labor market slack. With the Bank of Japan still dovish but domestic politics increasing uncertainty, CADJPY now looks vulnerable to deeper retracements, bringing key support zones into focus. Current Bias Bearish – Recent rejection at resistance strengthens the case for a corrective move lower toward 107.30 and potentially 105.40. Key Fundamental Drivers Canada: September labor force survey showed employment gains (+60k) but unemployment steady at 7.1%, signaling economic slack despite wage growth cooling to ~3.3% y/y. Japan: BOJ policy remains accommodative, but political uncertainty and wage negotiations add a backdrop of yen volatility. Commodities: Oil, Canada’s key export, has softened from recent highs, weighing on CAD support. Macro Context Interest Rates: BoC seen as patient, with markets pricing slower easing despite elevated unemployment. BOJ stays dovish, but political pressures could gradually shift expectations. Economic Growth: Canada is slowing, while Japan’s growth remains modest but wage-driven improvements keep the yen in play. Geopolitics & Trade: Trump tariffs and global trade risks weigh more heavily on CAD than JPY, as Japan benefits from safe-haven flows. Primary Risk to the Trend A sharp rebound in oil or a dovish shift in BoJ communication could limit JPY gains and re-strengthen CADJPY. Most Critical Upcoming News/Event Canada CPI – inflation readings will determine how patient the BoC can remain. BOJ commentary – any shift in tone on policy normalization could lift JPY across the board. Leader/Lagger Dynamics CADJPY tends to be a lagger, following moves in oil and USDJPY. It often amplifies volatility seen in broader JPY crosses like EURJPY and GBPJPY. Key Levels Support Levels: 107.30 105.40 Resistance Levels: 109.20 110.10 Stop Loss (SL): 110.10 Take Profit (TP): 105.40 Summary: Bias and Watchpoints CADJPY has shifted into bearish territory after rejecting 109.70, with momentum now pointing to downside targets at 107.30 and 105.40. The fundamental backdrop favors JPY resilience amid global risk caution and CAD softness tied to weaker oil and labor slack. A protective stop sits at 110.10, while take profit aligns with the 105.40 zone. Keep an eye on Canada CPI and BOJ rhetoric, as either could trigger sharp swings.
Short
by ultreosforex
CADJPY Momentum Stalls, Sellers Look for ControlCADJPY has tested the 107.40 zone but failed to sustain a breakout, suggesting fading bullish momentum. With oil prices struggling to find direction and the yen attempting to stabilize after weeks of weakness, sellers are circling. The chart structure points to a potential corrective leg lower if the pair breaks under near-term support. Current Bias Bearish – the pair shows signs of exhaustion near resistance, with downside levels now in focus. Key Fundamental Drivers Bank of Japan: Still accommodative, but the risk of verbal intervention increases as yen weakness deepens. Bank of Canada: Expected to lean dovish after weak GDP and labor data, leaving CAD vulnerable. Oil Prices: CAD remains tied to energy performance; lower oil tends to weaken CAD. Macro Context Interest Rates: BoC rate cut bets have increased, while BoJ policy remains ultra-loose, although rising JGB yields may offer some yen support. Growth Trends: Canadian economy shows signs of stagflation risk (weak growth, sticky inflation), reducing CAD’s appeal. Commodity Flows: Oil volatility directly impacts CADJPY, with recent weakness adding to pressure. Geopolitics: Energy trade flows and Middle East tensions could ripple into oil and CAD sentiment. Primary Risk to the Trend A sharp rebound in oil prices or BoJ hesitation to tolerate further yen strength could invalidate the bearish case. Most Critical Upcoming News/Event Canada GDP and inflation reports BoJ commentary/intervention signals OPEC-related oil output headlines Leader/Lagger Dynamics CADJPY often acts as a lagger, following moves in oil and broader yen crosses like USDJPY and EURJPY. Watch USDJPY for early signals on yen direction and oil prices for CAD momentum. Key Levels Support Levels: 106.45, 105.95, 104.98 Resistance Levels: 107.44, 108.05 Stop Loss (SL): 108.05 (above recent highs) Take Profit (TP): 106.45 (first target), 105.95 (secondary target), 104.98 (extended target) Summary: Bias and Watchpoints CADJPY carries a bearish bias as resistance holds at 107.40–108.00 and sellers push for a move toward 106.45 and below. Stop loss sits just above 108.05 to protect against false breakouts, while take profit levels extend toward 105.95 and 104.98. The pair remains heavily influenced by oil and yen sentiment, making it more of a lagger than a leader. Watch oil headlines and BoJ remarks closely, as they could shift momentum quickly.
Short
by ultreosforex
1
CADJPY Sellers Target Key Support as Momentum FadesCADJPY has slipped after failing to sustain momentum above the 107 handle, and the price action now leans toward renewed downside pressure. The chart structure shows repeated rejections and lower highs forming, which opens the door for a deeper pullback. With oil prices struggling to hold gains and JPY catching periodic safe-haven bids, this cross looks vulnerable to further declines. Current Bias Bearish – CADJPY is showing weakness with sellers eyeing lower support levels. Key Fundamental Drivers CAD: Weak Canadian labor market data and rising BoC rate cut expectations pressure CAD. Oil prices remain soft, removing an important support pillar. JPY: The yen continues to benefit from safe-haven demand, especially during global risk-off waves and BoJ’s gradual steps toward yield control adjustments. Yield spreads: Narrowing spreads between CAD and JPY rates reduce CADJPY’s carry appeal. Macro Context Interest rates: The BoC is leaning dovish after weak jobs and growth numbers, while the BoJ’s cautious shift away from ultra-loose policy provides structural support to the yen. Growth trends: Canada faces slowing growth amid weaker domestic demand, while Japan’s growth remains modest but steady. Commodities: Oil weakness weighs on CAD. Geopolitical: Risk-off events (tariff disputes, Middle East tensions) tend to favor JPY strength, amplifying CADJPY downside. Primary Risk to the Trend A sharp recovery in oil prices or a stronger-than-expected Canadian economic release could lift CAD and cap downside momentum in this pair. Most Critical Upcoming News/Event Canada CPI and retail sales for confirmation of BoC’s dovish outlook. BoJ policy commentary for clarity on yield control and inflation stance. Leader/Lagger Dynamics CADJPY tends to act as a lagger, often following broader risk sentiment and oil price movements. It also reacts to USDJPY moves, meaning JPY flows largely set the pace. Key Levels Support Levels: 105.95, 104.98 Resistance Levels: 106.93, 107.54 Stop Loss (SL): 107.54 (above resistance zone) Take Profit (TP): 104.98 (major support) Summary: Bias and Watchpoints CADJPY bias is bearish, with SL set at 107.54 and TP aimed at 104.98. Oil weakness, dovish BoC expectations, and resilient JPY flows all lean in favor of further downside. The key watchpoints are Canada’s CPI/retail sales and BoJ commentary. Unless oil rebounds strongly, sellers are likely to stay in control, with price action favoring a test of 105.95 and potentially 104.98.
Short
by ultreosforex
2
CADJPY Rejection at Key Supply Zone – Bearish Move Ahead?Hello Traders! 👋 CADJPY is showing signs of weakness after testing the 107.478 – 108.504 supply zone. Price broke below the ascending trendline and is now retesting it as resistance. If this rejection holds, we could see strong bearish momentum pushing price toward the 104.644 support zone. 🔑 Key Levels to Watch: Resistance Zone: 107.478 – 108.504 Current Price: 106.85 Next Bearish Target: 104.644 ⚡ Bias: Bearish if rejection holds below 107.478. A clean close above 108.504 would invalidate this setup. 📌 Technical Confluence: Trendline break ✅ Supply zone retest ✅ Lower highs forming ✅ What do you think? Will CADJPY respect this supply zone and drop, or will the bulls reclaim control? 💬 Drop your thoughts below & let’s discuss! 👍 Don’t forget to like, share, and follow for more setups. ❤️
Short
by FrankAgbo
Potential CADJPY downside 🚨 Potential Forex trade: CADJPY short 🚨 TA: The weekly chart is forming lower swing highs The daily has broken diagonal support and is testing the area as resistance FA: The BOC's rate cutting may continue. Unemployment remains high and is continuing to rise, while GDP growth is low. The yen may strengthen if stock markets continue to fall, or if the bond yield crisis continues, due to its safe-haven status. I'm looking for confirmation on lower time-frames.
Short
by Samuel_Morton_Trader
CAD/JPY - Channel Breakout (29.08.2025)The CAD/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 106.47 2nd Support – 106.30 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KABHI_TA_TRADING
28
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