CADJPYCAD as per cot commercials are at extreme high where non commercials are at the extreme low, mean CAD will switch gears towards upside, where as in JPY is the opposite scenario. so CAD JPY long is a idea from daily OB till 110.
CADJPY trade ideas
CADJPY - Buy SetupCADJPY is printing HH's and HL's.
CAD Net Non Commercials starts to increase as per COT report.
JPY is at top as per COT RSI. Soon Non Commercials will start to decrease.
Potential Buy on the break of resistance.
Seasonality is Bullish from the mid of August.
CADJPY1.CADJPY is on an utrend, forming HHs and HLs.
2.The brice seems be reacting from H2 Order Blocks(Demand Zones).
3.We took a buy the moment an H2 Candle closed Bullish Off of the Bullish Order on H3 TF.
4.Buy CADJPY.
Cadjpy sell It's a new week after some consolidation and it's ready to follow the new trend after breaking from a bullish trend
It's a good week to have more profits. Let go
CADJPY TRADE SETUP
✔Pair Name: CADJPY
👍 Classic bullish formation
👍Our team expects pullback & go fly
SUGGESTED TRADE IDEA: Dear Traders Hope everyone is well. I will now talk about CADJPY . I can see here that CADJPY has completed the down trend and caught the up trend. I am expecting good buying momentum from the places I have identified. If your analysis matches with this then you can follow and share your opinion with me.
Pair Name: CADJPY
Entry - buy area zone 106.10-106.30
Sl - 105.65
Tp - 108.60
Our Risk - 1%
Start protection of your profits from lower levels
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LONG ON CADJPYPrice has taken sellside liquidity. Waiting for retracement then entry on lower 4hr fvg. Target is buyside liquidity.
CADJPY - In Bullish Trend CADJPY shifted towards its bullish trend. Its in bullish channel and strtated making HHs and HLs. I already mention Buy entry according to 4H timeframe.
According to seassional CADJPY will be bullish from mid August.
Hope For Best.
Happy Trading :)
CADJPY - Descending Triangle in an UptrendCADJPY is presenting a Triangle breakout opportunity with price consolidating on the leadup to news.
The Descending Triangle pattern is traditionally regarded as a bullish continuation pattern.
Some well-defined support/resistance levels could be used for first and second profit targets.
TMT Nicomedia Long For a LONG position, TMT Nicomedia provided a strong and reliable signal, and I opened my trade with a 1.75R ratio. These transactions were opened with the TMT Nicomedia strategy. The reason I am sharing these transactions is to see the success rates of the transactions later on.
Long trade
Mon 5th Aug 24
Buyside
proof read. Tokyo to NY Session
4.45 pm
Entry 104.300
Profit level 111.756 (7.15%)
Stop level 103.378 (0.88%)
RR 8.09
CAD/JPY For Bearish after finish its pull-backwait for finish pull-back and see price action and then go short
- general Trend is Down
- price try to make pull-back @ red arrow and when you see price action between area 50:61 fibo levels then go short
have fun :)
CADJPY - Bearish TrendCADJPY has been continuously in downtrend and on the 1 hour time frame this is retesting from a trend line, more over increasing of the interest rates by BOJ has made impact on JPY and it is in bullish trend so this is a double confluence trade.
CAD/JPY RIGHT NOW On CAD/JPY , it's nice to see a strong sell-off from the price of 104.460 and 107.270 . It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
The downtrend combined with the strong volume area along with the strong S/R area from the past are my main reasons for this short trade.
Happy trading,
Dale
CADJPY Will Go Higher! Buy!
Here is our detailed technical review for CADJPY.
Time Frame: 15m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 105.556.
Taking into consideration the structure & trend analysis, I believe that the market will reach 106.166 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
CADJPY - Structure Trading Using Previous Price CluesA technical look at the CADJPY & a potential buying opportunity coming off a wild week of news events in the market. In this video we take a look at how as traders we want to be "predictable in our analysis, yet, reactive in our execution" & how past price behaviors can provide us clues on what we can look for.
I hope you guys have a great weekend. Do me a favor & show some support by hitting that like button & if you have any questions or comments, please leave them below.
Akil
CAD-JPY Risky Long! Buy!
Hello,Traders!
CAD-JPY keeps falling and
The pair is massively oversold
So there is a chance that
After the retest of the support
Level below at 104.246 we
Will see a local bullish correction
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
CADJPY Analysis: Navigating Market Trends and Key Levels✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day.
📅 Let's dive into today's analysis, focusing on the CADJPY pair in the Forex market.
🗂 About the Pair: The CADJPY is a currency pair that represents the exchange rate between the Canadian Dollar (CAD) and the Japanese Yen (JPY). This pair is influenced by factors such as oil prices, which affect the Canadian economy, and Japan's status as a major importer of commodities. As such, the CADJPY pair can exhibit significant volatility and is of interest to traders looking for opportunities in the Forex market.
📊 Weekly Timeframe Analysis
In this timeframe, CADJPY has experienced notable movements. Recently, it saw a sharp decline, indicating a significant correction from previous highs. The pair reached a critical supply zone around 117.682 and has since entered a downward trend, currently testing a support level near 105.722.
Support Levels: The key support levels observed are at 105.722 and 101.072.
Resistance Levels: The resistance levels to watch are around 110.109 and 117.682.
📈 If CADJPY stabilizes above 110.109, we could see a bullish momentum potentially pushing the price towards the next resistance at 117.682. Confirmation of a new upward trend will depend on candle stability above this level.
📉 Conversely, if CADJPY falls below 105.722, it may continue its bearish trend, with the next critical support level around 101.072.
Volume analysis is crucial in this scenario. A strong trend should be accompanied by corresponding volume, with particular attention to any divergence that may indicate a potential reversal.
📊 Daily Timeframe Analysis
On the daily chart, CADJPY has exhibited significant bearish momentum. After a period of ranging around the 108.874 level, the price dropped sharply and is currently finding support around 105.714.
Support Level: The support level to monitor is 105.714.
Resistance Levels: Resistance levels are marked at 108.874 and 112.089.
🧲 Given the current setup, a stabilization below 105.714 could signal further bearish continuation. On the other hand, if the price manages to move above 108.874, it could indicate the start of a bullish reversal, targeting higher resistance levels.
📊 4-Hour Timeframe Analysis
In the 4-hour timeframe, CADJPY has encountered resistance at 108.874 and has shown a pullback. The pair recently tested the support at 105.714, aligning with the bearish trend observed on the higher timeframes.
Short Position Key Levels: For short positions, critical levels are 108.874 and 112.089, where price reactions could provide better entry points.
Long Position Key Levels: For long positions, the critical support levels to watch are 105.714 and 101.072.
Volume analysis indicates decreasing momentum, suggesting a potential exhaustion of the downward movement. Monitoring volume and price action will be crucial for identifying potential reversals.
📊 RSI Oscillator
The RSI is currently ranging between 33.97 on the weekly timeframe and 13.64 on the daily timeframe. Breaking these levels could provide confirmation for opening positions. However, it is essential to use these levels in conjunction with candle patterns and volume analysis to find the best entry and exit points.
📉 Given the current bearish signals in the daily and 4-hour timeframes, alongside the downward trend in the weekly timeframe, I am inclined to consider short positions. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans.
⚠️ Please note that this is not financial advice. I'm simply introducing this analysis to you, and remember always to do your own research.
🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a pair you'd like me to analyze next.
CADJPY bearishCADJPY in continuation downtrend
No divergence
Bearish Trendline
EP below last LL
SL above last LH
CADJPYWe can attempt to buy CADJPY from specified level as it make descending wedge pattern (reversal pattern) , also break LH , also bullish divergence occur indicate that it moves upward.
SL , TP mention in chart.
CADJPY MARKET OUTLOOK Price currently trade at 110.623 a sell opportunity is envisaged from the current market price as YEN regains strength after BoJ interventions . Price may drop further. Sell from the current market price
CADJPY-SELL strategy 4-hourly chart Heikin AshiBased on the fact we have resistance @ 111.48 GANN and negative stochastic (and other indicators), the pair should move lower. The risk reward makes sense for this.
Strategy SELL @ 111.15-111.3500 wit5h tight SL above 111.61 sand profit order @ 110.65.
Cad Jpy SellCad Jpy Pair
Daily : Down trend
1 hour : algorithm reach an area of interest to run some selling world wide transactions
Retail trader called this area a ( order block , resistance , supply )whatever it is
Liquidity taken inside this 1 hour order block ( shown above yellow line) and after liquidity grab there was some heikinashi red candles shown a popular model for selling preparation process
CAD JPY SELL once market open on 30 july
SL : 111.60
TP: 110.30
CADJPY possible to drop furtherBased on strong down trend on CADJPY in 1H timeframe , I think the bearish movement with continues to the next level.
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