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CADJPY

CADJPY - Sell Opportunity After Support BreakOANDA:CADJPY has broken a key support zone, signaling a potential increase in bearish momentum. The price is currently retesting this broken support, which now serves as resistance. If sellers confirm resistance at this level, the price is likely to move downward toward the 103.970 level, aligning with the prevailing bearish trend. Conversely, a failure to hold resistance could suggest a potential bullish shift. Traders should monitor for bearish confirmation signals, such as bearish engulfing candles or increased selling volume, before considering short positions. Let me know your thoughts or any additional insights you might have!
Short
by DanieIM
1
CADJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
CADJPY - Buy Setup at Clear Support LevelOANDA:CADJPY is approaching a strong support zone, an area that has previously attracted buyers. The recent bearish momentum has pushed price closer to this zone, making it a key level to watch for potential buying interest. If buyers step in and confirm the support with bullish price action—such as rejection wicks, bullish engulfing candles, or increasing buying volume—I anticipate a move toward 107.710. However, if price breaks below this level, it could signal further downside and invalidate the bullish outlook. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, whether it’s a strong rejection candle or a spike in volume, before making a move. Your support means the world! Every like and comment motivates me to share more insights. Also, let me know your thoughts in the comments—I’d love to hear your perspective! Best of luck , TrendDiva
Long
by TrendDiva
1
#CADJPY 1DAYCADJPY (1D Timeframe) Analysis Market Structure: The price is currently respecting a channel support level, indicating that buyers are defending this zone. This support has previously acted as a strong area for reversals, suggesting the possibility of a bullish move if the price holds above it. Forecast: A buy opportunity is expected if the price confirms a bounce from the channel support, signaling potential upside movement within the channel. Key Levels to Watch: - Entry Zone: Near the channel support after confirmation of bullish signals. - Risk Management: - Stop Loss: Placed below the channel support or the recent swing low. - Take Profit: Target the midline or upper boundary of the channel for potential upward movement. Market Sentiment: The channel support level suggests that buyers may take control if the price holds above this area. Confirmation of a bounce is recommended before entering a trade to align with the prevailing market structure.
Long
by PIPSFIGHTER
CADJPY - Bearish Continuation After Support BreakOANDA:CADJPY has broken through a key support level and is now retesting this level as resistance. If the resistance holds, it could pave the way for a deeper move downward, with the 106.600 level emerging as the next major area of interest. This level also aligns with a significant support zone, making it a critical area where buyers may attempt to regain control. Traders are advised to monitor for bearish confirmation signals, such as bearish engulfing candlestick patterns, rejection wicks, or strong selling volume at the retested resistance level. Such signals would reinforce the probability of a continuation to the downside. However, a decisive break back above the resistance zone would invalidate the bearish scenario
Short
by TrendDiva
1
CADJPY Technical Analysis! SELL! My dear friends, Please, find my technical outlook for CADJPY below: The instrument tests an important psychological level 109.09 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 108.48 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
CAD/JPY "Canadian vs Japanese" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the CAD/JPY "Canadian vs Japanese" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉 Entry 📉 : Traders & Thieves with New Entry A bull trade can be initiated at any price level. however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest. Stop Loss 🛑: Using the 2h period, the recent / nearest high level Goal 🎯: 105.500 (OR) Before escape in the market Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Fundamental Outlook 📰🗞️ Based on the factors mentioned, we anticipate the CAD/JPY currency pair to exhibit a BEARISH direction 🔴Macroeconomic Factors 1. Interest Rate Divergence: The Bank of Canada's (BoC) and the Bank of Japan's (BoJ) monetary policy decisions, including interest rate changes and quantitative easing. 2. Global Economic Trends: The impact of global economic growth, trade tensions, and geopolitical events on both Canada and Japan. 3. Commodity Prices: Fluctuations in crude oil, natural gas, and other commodity prices, which can affect Canada's export-driven economy. 🟢Fundamental Factors 1. Trade Balance: Canada's trade balance with Japan, including exports and imports of goods and services. 2. Inflation Rates: Differences in inflation rates between Canada and Japan, which can influence exchange rates. 3. GDP Growth: The relative strength of Canada's and Japan's economies, as measured by GDP growth rates. 🟣Sentimental Factors 1. Market Sentiment: Overall market sentiment towards the CAD/JPY pair, including positioning and sentiment indicators. 2. Trader Positioning: The ratio of long to short positions held by traders, which can indicate market sentiment. 3. Technical Analysis: Chart patterns, trends, and technical indicators that can influence trader decisions. Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 🚨Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 🚨Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Short
by Thief_Trader
Bearish drop?CAD/JPY has reacted off the pivot and could drop to the 1st support. Pivot: 108.81 1st Support: 107.43 1st Resistance: 109.55 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
CAD/JPY H4 | Rising into overlap resistanceCAD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 108.82 which is an overlap resistance. Stop loss is at 109.72 which is a level that sits above the 127.2% Fibonacci extension level and a pullback resistance. Take profit is at 107.59 which is a swing-low support that aligns close to the 61.8% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
Weekly Forex Trade Planning SessionAnalysed Pairs: CAD/JPY, GBP/USD, USD/JPY, USD/CAD, EUR/CAD Market Overview: USD & JPY: Bullish CAD: Mixed EUR & GBP: Weak Price Analysis: CAD/JPY: Trend: Downtrend Current Position: At Momentum Low Outlook: Expecting a bullish pullback in the next phase. GBP/USD: Trend: Downtrend Current Position: Trading at Momentum Low 5 Outlook: Potential for bearish continuation. Watch for a bullish reversal above 1.2186. A break below 1.2160 could signal further downside. USD/CAD: Trend: Strong Uptrend Current Position: After a trend reset breaking the momentum high Outlook: Avoid buying at the high; wait for a pullback to go long. Alternatively, look for short opportunities if the price breaks below the reset point. USD/JPY: Trend: Correction in Downtrend Current Position: Observing Wave Structure 3 Outlook: Potential for a bullish secondary trend. Using Fibonacci levels, the price has paused at the 61.8% T2 target. If the high of Wave 3 isn't broken, the downtrend may resume. EUR/CAD: Trend: Trend-changing pattern after last pullback Outlook: Look to sell on a break below 1.4860, with targets at 1.4825 and 1.4810. Happy Trading!
by Charts247TradingAcademy