Downward Pressure Persists as Yen Strengthens on Rate Hike HopeHey Realistic Traders, Will OANDA:CADJPY continue its bearish trend? Let’s Dive In....
In the H4 timeframe, CADJPY has broken out of a distribution phase as it continues to move below the bearish trendline and the EMA-200 line. The pair also formed a Rising Wedge pattern, followed by an impulsive breakout, which strongly indicates the continuation of the prevailing bearish trend.
Further confirming this outlook, the MACD momentum indicator has signaled a bearish crossover, strengthening our bearish hypothesis.
Given these technical factors, we anticipate a potential downward movement toward the nearest historical support area (Target 1) at 105.955. After reaching this level, we foresee a minor correction back to the green zone before the pair resumes its bearish journey to the second target at 104.902.
However, this bearish outlook remains valid only if the price holds resistance below the critical stop-loss level at 108.976.
Fundamental Reason Supporting Yen Strength:
The Bank of Japan (BOJ) is signaling further rate hikes as economic data, including wage growth and inflation, align with its projections. BOJ Governor Kazuo Ueda recently suggested that another rate hike is "nearing," citing steady progress in economic conditions. This hawkish stance further supports the bearish outlook on CADJPY, as a stronger yen typically exerts downward pressure on the pair.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on CADJPY".
Cadjpyanalysis
CADJPY next possible move🦁🦁 ESSENTIAL SKILLS TO RULE THE FINANCIAL SAVANNAH 🦁🦁
💪 Confidence:
👉 Like the lion walking majestically through the savannah, fearless and aware that its power and instincts are its greatest assets, a trader must trust their strategy and hunt without hesitation.
🎯 Discipline:
👉 The lion never hunts without a plan. Every move is precise, calculated, and aligned with its natural instincts. In trading, this means following your rules rigorously, like a steadfast predator on a focused quest.
⏳ Patience:
👉 A lion can wait for hours in the shade, watching the herd, waiting for the perfect moment to strike. For traders, this is the ability to wait for the markets to present the ideal opportunity to maximize every move.
🔥 Resilience:
👉 When a lion fails to capture its prey, it doesn’t dwell on the failure. It regains its breath, learns from the mistake, and prepares for the next hunt. Similarly, a trader transforms every loss into a lesson, improving with each challenge.
✨ Remember:
In the savannah, just like in the markets, dominance isn’t achieved in a day. It’s a marathon where consistency and preparation keep the lion as king. Move at your own pace, refine your skills, and let your success roar with power and wisdom. 🏆🦁
CADJPY next possible move🦁🦁 ESSENTIAL SKILLS TO RULE THE FINANCIAL SAVANNAH 🦁🦁
💪 Confidence:
👉 Like the lion walking majestically through the savannah, fearless and aware that its power and instincts are its greatest assets, a trader must trust their strategy and hunt without hesitation.
🎯 Discipline:
👉 The lion never hunts without a plan. Every move is precise, calculated, and aligned with its natural instincts. In trading, this means following your rules rigorously, like a steadfast predator on a focused quest.
⏳ Patience:
👉 A lion can wait for hours in the shade, watching the herd, waiting for the perfect moment to strike. For traders, this is the ability to wait for the markets to present the ideal opportunity to maximize every move.
🔥 Resilience:
👉 When a lion fails to capture its prey, it doesn’t dwell on the failure. It regains its breath, learns from the mistake, and prepares for the next hunt. Similarly, a trader transforms every loss into a lesson, improving with each challenge.
✨ Remember:
In the savannah, just like in the markets, dominance isn’t achieved in a day. It’s a marathon where consistency and preparation keep the lion as king. Move at your own pace, refine your skills, and let your success roar with power and wisdom. 🏆🦁
#CADJPY 4HCADJPY 4-Hour Analysis
The CADJPY pair has broken out above a key trendline resistance on the 4-hour chart, indicating a potential shift in momentum to the upside. Additionally, the presence of a buy engulfing candlestick in the breakout area reinforces the bullish sentiment, providing a strong buy opportunity.
Technical Outlook:
Pattern: Breakout Trendline Resistance and Buy Engulfing Area
Forecast: Bullish (Buy Opportunity)
Entry Strategy: Enter a buy position following the breakout, confirming with bullish price action signals such as sustained trading above the breakout level or further bullish candlesticks.
Traders should monitor indicators like RSI and MACD for confirmation of continued upward momentum. Risk management is crucial, with stop-loss orders placed below the breakout level and profit targets set at the next resistance zones or key price levels.
CADJPY next possible move"It’s not the time you have, but what you do with it that matters." – Bruce Lee.
In the world of trading and investing, this quote carries profound meaning. Every minute you spend learning, analyzing, and planning your strategies adds another brick to the foundation of your success. Don’t be discouraged by the passage of time or past failures. What truly matters is the quality of the effort you invest.
Make every moment an opportunity to grow, refine your skills, and move closer to your goals. Results will come to those who use their time with purpose and determination.
Remember, the market rewards those who act with perseverance, not those waiting for a miracle solution. 🚀📈
Intraday Analysis: CADJPY Forecast and Trade SetupThe overall trend on the major timeframes for CADJPY remains bullish, despite a breakdown continuation observed last week.
Current Market Overview:
The lower timeframe (M5) printed a bullish wave structure this morning.
We anticipate a corrective move below 105.76.
In the short term, a potential downside reversal is expected.
Trade Setup:
Look for shorting opportunities below 106.34, targeting a break below 105.77.
If price action breaks below 105.77, we can consider buying opportunities, aligning with the larger bullish trend.
Key Levels to Watch:
Sell Point : 106.34
Buy below : 105.77
CADJPYHere is our view on CADJPY . Potential short opportunity.
CADJPY has been following the downtrend for quite some time now. After its pullback to 107.100 the H4 is turning bearish again. After considering this we might continue following the trend and target lower levels such as 105.400 and 104.780 where our TP (Take Profit) is sitting at. If we break above our SL (Stop Loss) sitting at 107.485 we might visit higher prices. Our entry is at market price (current) sitting at 106.665 .
PARAMETERS
- Entry: 106.665
- SL: 107.485
- TP: 104.780
KEY NOTES
- CADJPY is in a downtrend.
- CADJPY has made its pullback to 107.100.
- Breaks above our SL (Stop Loss) would result in higher prices and possible reverses.
Happy trading!
FxPocket
CADJPY - Short from bearish order block !!Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to continue the retracement to fill that huge imbalance higher and then to reject from bearish OB + institutional big figure 108.000.
Like, comment and subscribe to be in touch with my content!
CAD/JPY Bank Money Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CAD/JPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
CAD/JPY At Interesting Area To Short And Get 200 Pips, Ready ?We have a very good setup to sell this pair after this amazing fake breakout and again the price respect the res again and we have a very good bearish price action at the moment , so i`m looking to sell this pair from the same res and targeting 200 pips .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADJPY GOING DOWN !!!The CAD/JPY pair has been showing clear signs of a downtrend, with key indicators pointing towards further depreciation in the coming days. Several factors are contributing to this bearish momentum:
🔻 Weakening Canadian Dollar: Recent data suggests a slowdown in Canada's economy, putting pressure on the CAD. Lower oil prices, a crucial export for Canada, are also contributing to this weakness.
🔻 Strengthening Yen: As global uncertainties rise, the Japanese Yen is gaining strength due to its safe-haven status, putting further downward pressure on CAD/JPY.
🔻 Technical Analysis Confirms the Trend: The pair has broken key support levels, with moving averages and momentum indicators confirming that the price is heading lower. Selling pressure has been increasing as we move towards oversold territory.
Now could be a strategic time to enter a SELL position on CAD/JPY before it drops further. Stay ahead of the market and take advantage of the falling price action! 📉
CAD/JPY "Loonie-Ninja" Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CAD/JPY "Loonie-Ninja" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
CADJPY - Look for a long !!Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. My point of interest is price to fill the imbalance lower and then to reject from bullish OB + level 108.000.
Like, comment and subscribe to be in touch with my content!
CAD/JPY "THE LOONIE-YEN" Bank Money Heist Plan on Bullish Side.Hallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CAD/JPY "THE LOONIE-YEN" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
#CADJPY 1HCAD/JPY 1-Hour Chart Forecast
The CAD/JPY pair is showing **bullish potential** on the 1-hour chart, suggesting an opportunity to enter a **buy trade**. The pair may have been experiencing upward momentum, with key technical indicators pointing toward continued strength.
The following key elements support the buy forecast:
Uptrend Formation: The pair is likely respecting an upward trendline or breaking above recent resistance, indicating strong buying pressure.
Momentum Indicators: Oscillators such as the RSI or MACD may confirm bullish momentum, signaling that there is room for further upside.
Support Levels: The pair could be bouncing off a key support zone, offering an attractive entry point for buyers looking to ride the trend higher.
Traders looking to enter a buy trade should consider setting stop-loss orders below recent swing lows to manage risk in case of a pullback. Targeting previous highs or key resistance levels is recommended as potential take-profit areas. Keeping an eye on any shifts in sentiment or market conditions is essential, but overall, the technical picture supports a **buy forecast** for CAD/JPY in the short term.
#CADJPY 1HCADJPY (Canadian Dollar / Japanese Yen)
Timeframe: 1-Hour (1H)
Pattern: Rising Wedge
A rising wedge pattern has emerged on the 1-hour chart of CADJPY. This bearish formation typically signals a potential reversal or a slowdown in the prevailing uptrend. The wedge is formed by converging trendlines, with higher highs and higher lows, indicating a weakening upward momentum.
The rising wedge pattern suggests that although the price is still moving higher, buyers are losing strength, and a breakout to the downside could be imminent.
Forecast: Sell
The current forecast favors a sell opportunity, as the rising wedge often leads to a bearish breakout. A breakdown below the lower trendline of the wedge would confirm the reversal and signal a potential decline in price.
Technical Outlook:
Resistance Level: The upper boundary of the wedge, where buyers may find it difficult to push the price higher.
Support Level: The lower boundary of the wedge, which, once broken, could trigger further downward movement.
Key Levels to Watch: A confirmed break below the wedge’s support level could accelerate selling pressure, leading to lower prices.
Traders should wait for confirmation through signals such as bearish candlestick patterns or volume increases on downward moves before entering short positions.
Keep an eye on market sentiment and relevant news, especially regarding oil prices (affecting CAD) or safe-haven demand for JPY, as these could influence price action in this pair.
CADJPY 1HR BEARISH SETUP (SELLSIDE & BUYSIDE LIQUIDITY)ICMARKETS:CADJPY looks good for a bearish setup on 15 minute and 1 hour time frame, the buy order block and sell order block is the key role in this trade.
IF IT BOUNCES FROM THE FVG AREA TRADE WILL BE INVALIDATED AND WE WILL SHORT FROM THE STRONG HIGH ZONE