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CADJPY

Strifor || USDCAD-07/13/2023Preferred direction: SELL Comment: When approaching the support level of 1.31385, the currency pair immediately received a signal from buyers and rebounded. However, most likely this is a partial fixation of sellers whose ambitions locate below this support. By the end of this week, it is expected that the instrument will drop below this level. Before the weekend, the currency pair is likely to begin to recover slightly. Thank you for like and share your views!
Short
by Viktor_strifor_analyst
3
CADJPY on the MA50 (1d). Remains a sell.CADJPY reached the MA50 (1d) for the first time since May 4th. The pattern is a Channel Up and this correction since its top, still has room to go before bottoming. Trading Plan: 1. Sell on the current market price. 2. Buy at the bottom of the Channel Up and above the MA100 (1d) at 102.550. 3. Sell if the MA200 (1d) breaks. Targets: 1. 102.550 (bottom of the Channel Up and near the MA100 1d). 2. 109.500 (Resistance 1). 3. 98.000 (Support 2 and near the 0.786 Fibonacci level). Tips: 1. The RSI (1d) is headed for the 30.00 oversold level. A rebound near it can match conveniently with a bottom on the Channel Up, hence a buy opportunity. Please like, follow and comment!!
Short
by TradingBrokersView
CADJPY H4 | Potential bullish bounce?CADJPY is approaching a key overlap support that aligns above the 50.0% Fibonacci retracement level. Price could hit the buy entry at 104.869 and potentially reverse to bounce higher. Take profit is at 107.650 which is an overlap resistance. Stop loss is at 103.555 which is an overlap support that aligns above the 61.8% Fibonacci retracement level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). 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 Name of third party provider. 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. 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. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. FXCM EU LTD (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. FXCM Australia 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 FXCM Markets LLC (www.fxcm.com): Losses can exceed deposits.
Long
by FXCM
CADJPY Will Grow! Long! Take a look at our analysis for CADJPY. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 105.548. The above observations make me that the market will inevitably achieve 106.798 level. 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!
Long
by SignalProvider
1
CADJPY I BOC Rate Statement Trading PlanWelcome back! Let me know your thoughts in the comments! ** CADJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
12
USDJPY-07/10/2023Preferred direction: SELL Comment: The previous ideas for the yen worked out well, the currency pair went into the range of 141.327 - 142.204, as we expected. At the same time, we noted that just in this range, there will be a stop for sellers. In the near future, we should most likely expect an approach to the level of 142.204, where the area for considering short deals is located. The bearish potential remains. Thank you for like and share your views!
Short
by Viktor_strifor_analyst
1
CADJPY - 4hrs ( Sell Trade Target Range 240 PIP) Pair Name : CAD/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 108.800 Area Reasons - major Turn level / D - Visible Range Hvn - Inner Support / Choch Break - Fixed Range Poc Area - sell liquidity Zone Bullish Reversal 106.500 Area Reasons - Major Turn level / D - Trend Line Area - Choch Area - Fibo Golden Zone
Short
by GoldenEngine
2
CADJPY - 4hrs ( x2 Entry's Down + 60 PIP / Tp1 > Full Tp 200 PIPPair Name : CAD/JPY Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Natural - Lead To Long 📋 Educational / Short —————**- 🗒 Just browsing through my analysis means a lot to me. ➡️ Update - ———— VIP Opportunity Entry 1 Take Profit 1 Account Growth = 5 % Pip' Achieved = 60 PIP Entry 2 Take Profit 1 Account Growth = 5 % Pip' Achieved = 60 PIP
Short
by GoldenEngine
2
Potential Reversal Trade Idea for CADJPY Over 1000 PIP potentialTrade Pair: CADJPY Direction: Potential reversal to the downside Entry: Below current market price (to be determined based on technical analysis) Stop Loss: Above resistance at 109.58 Take Profit: 96.5 Rationale: The CADJPY currency pair has shown signs of a potential reversal to the downside, presenting an exciting trading opportunity. The idea is to enter the trade below the current market price, targeting a significant move of over 1000 pips. Technical Analysis: Resistance Level: A crucial resistance level at 109.58 has been identified. Placing the stop loss above this level helps to minimize potential losses if the price breaks out to the upside. Bearish Divergence: Observe for any signs of bearish divergence on the oscillators or other technical indicators, indicating weakening buying pressure and a potential reversal. Trendline Break: Monitor for a break below a major trendline or a support level that could confirm the reversal and attract further selling pressure. Risk Management: To manage risk effectively, it is important to adhere to the following guidelines: Position Sizing: Determine an appropriate position size based on your risk tolerance and account size, ensuring that potential losses are within acceptable limits. Stop Loss: Place the stop loss order above the resistance level at 109.58 to protect against a potential breakout to the upside. Take Profit: Set the take profit target at 96.5, aiming for a substantial move to the downside. However, consider adjusting the target based on subsequent price action and market conditions. Monitoring: Regularly monitor the trade's progress and adjust the stop loss or take profit levels if necessary, taking into account any significant price movements or fundamental developments. Please note that this trade idea is based on hypothetical analysis and historical price patterns. It is essential to conduct your own thorough analysis, consider market conditions, and consult with a qualified financial advisor before making any trading decisions.
Short
by PriyankaSatam1894
1