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Cad-jpy

Don't miss the great buy opportunity in CADJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (82.80). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADJPY in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 83.50 TP2= @ 83.90 TP3= @ 84.55 SL= Break below S2
Long
by ForecastCity
10
Don't miss the great buy opportunity in CADJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (82.80). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADJPY in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 83.50 TP2= @ 83.90 TP3= @ 84.55 SL= Break below S2
Long
by ForecastCity
11
CADJPY - FOREX - 11. FEB. 2020Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Bullish break above previous shortterm highs 4 HOUR Price took out short sellers and need to drop now. DAILY Overall bearish market in pullback, great short entries! - FOREX SETUP SELL CADJPY ENTRY LEVEL @ 82.700 SL @ 83.180 TP @ 81.750 RR: 2.0 Use 0.5% risk! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
8
CADJPY | Cup & HandlePlease support this idea with LIKE if you find it useful. Initiate Long. Entry - 82.741 TP1 - 83.071 TP2 - 83.424 TP3 - 83.856 TP4 - 84.260 SL - 82.631 Reason: Price formed Cup & Handle, broke Ichi Cloud resistance. Now breaking 61.8% Fib level. -Please consider to initiate a position on a confirmed breakout of 61.8% Fib level Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Long
by Anpu
1
CADJPY | Rejected by S1Please support this idea with LIKE if you find it useful. Initiate Short. Entry - 82.398 TP1 - 81.966 TP2 - 81.601 TP3 - 81.291 SL - 82.542 Reason: Price was rejected by S1. Strong local downtrend (confirmed by Ichi Cloud) Please consider entering this position on the price already retraced. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Short
by Anpu
3
CADJPY Looking to go down !! 100pips!!By now, if you've been paying attention to my previous analysis, you know i always prefer continuation over breakouts! I just think its safer for entries! This pair is a great example! Price just touched a multi year trend line dating back to 2015! I'm in for the SELL for sure, 83.00 could be my final target because of the new up-trend that formed since aug'19 ! A small SL as always and lets go! What do you think? Le me know in the coments!!
Short
by rodriguesths
Canadian dollar vs Japanese YenThe pair will continue moving higher in the following days after it bounced back from an uptrend channel support line. Japan’s economy is expected to gain from the $121 billion stimulus package introduced by the government to stir the economy. In December, PM Abe’s cabinet approved a quantitative easing (QE) policy as fears of recession creeps industrialized and emerging economies. Japan is one (1) of the only four (4) countries with a negative interest rate. The numbers are expected to shrink as Sweden announces its plan to leave the negative territory. Pushing Japan’s interest rate lower will hurt the economy in the future. This leaves the country with QE as the remaining tool to prevent recession. On the other hand, Canada will regain its former glory and become the eighth largest economy in the world. This was according to Cebr’s World Economic League Table 2020, which predicted Canada to reach the spot this decade.
by Financebroker