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Cadjpyanalysis

⭕the best buying and selling areas for the CAD/JPY🧨🔥🔰You can see the analysis of the Canadian dollar to Japanese yen currency pair in the four-hour time frame (CADJPY_ 4H)🔍💣 💥As it is clear from the picture, the price is moving in an Bullish parallel channel🖤❗If the price can break the lower line of the channel (dynamic support) and stabilize❗ below it, then it can have a downward trend until the DEMAND zone and Support🧡 🔻 If the price can break the Downward trend line🖤 and stabilize❗ above it, it can experience an increase up to the Resistance🧡, and if it breaks the upward Resistance🧡 and stabilizes❗ above it, it can have another increase up to the SUPPLY zone🔺🚀 which direction will the price go to the GREEN💚 side or the RED❤️ side❓❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 _________📈TRADER STREET📉__________
by TRADER_STREET
CAD/JPY → 90.5 :: THE CLARITY IN THE POLARITY :: TRADEGODFOREXCOM:CADJPY TRADE INSTRUCTIONS: Sell any highs over the Red lines horizontally stemming from the Red circles and take profit at either Aqua coloured line. Levels are also available on the chart for use with ordered trades. This means any new daily highs are sells accordingly. CAD/JPY and its true value is currently in the range of 90.636 - 90.511 and 2022 in a whole saw some good impulsive moves to the upside although that bull is hibernating this Christmas as expansion and subsequently accumulation ended last week. The last leg of the expansion phase through Aug and into Sept was extremely impulsive in structure but Like the rains fall onto mountain tops and begin a legendary journey back to sea so will this asset rain on the buyers and wash away profits of those who do no perceive the unseen reality and cycles at play here. Moral of the statement is to "go with the flow", the path of least resistance. ENJOY.
Short
by TradeGod_1111
CAD/JPY :: wait for the best time !CAD/JPY ::: 1_ Orange channel :: It is drawn in the time frame of one hour. It is currently at the ceiling of this channel, and its ceiling is a good resistance and will lead the price down to a large extent . 2_ Blue channel :: It is drawn in the time frame of 4 hours. And the price reacts a lot to the bottom of the blue channel, but has not been able to break it yet . 3_ The best decision :: wait until the price either breaks the ceiling of the orange channel or the bottom of the blue channel 4_ the targets will be as follows :: If the roof of the orange channel is broken: range 117 . If the bottom of the blue channel is broken: range 101 .
by The_Best_Trader_1991
1
CADJPY SELL Trade Update First Target HitJust a qucik update on the CADJPY trade from this week as I wrote in the last post after price had took out the 2008 HIGH and then close back under this level then we would get a correction down towards the 107.5 area which was the previous high in current trend. This scenario played out last week with us selling early on Monday morning and dropping down to the 107.5 the move seems to be building a little bit of momentum so a drop further down towards 105 may be on the cards lets see what happens early next week as we do have the BOJ meeting next week so could be a catalyst for a bigger move up or down
Short
by TheFxAce
2
CADJPY : Current Situation & Technical , Fundamental View#CADJPY - By this time, CADJPY was very well BUY with the G7 MEETING with some positive comments regarding OIL. So CAD automatically went up. The other reason is the RATE HIKE done by the BOC. Also, in the last few days, JPY WEAKNESS came unexpectedly. They are the FUNDAMENTAL event. - But after that the price of OIL rose very fast. Due to this reason CAD became STRONG very fast before. You can check it by going to CAD CHARTS. But now with JPY WEAKNESS, CADJPY is getting BUY very fast. - Right now the MARKET is getting somewhat RISK ON, JPY is going down, so CADJPY is getting BUY. - Definitely CADJPY should be slightly DOWN until 107.621 LEVEL. After that, the possibility of moving to 112.862 LEVEL is very high. The reason for that is because even now OIL PRICES are going up a bit. After that CADJPY price can go down to 103.955 LEVEL. We focus on MARKET UPDATES and MARKET SENTIMENT.
by benny_marshall
CADJPY Where Too Next??? SELL Next Week ??The YEN cross pairs have been taking some beating this year and likely there may be more to come but llooking across all the pairs and also looking at the yen futures chart there should be a relief rally for the next week before the BOJ policy meeting at the end of the month which I am sure will be closely watched. Today I'm sharing the trade idea on the CADJPY for next if you look on the chart week we broke to new 14 year highs on the pair taking out the 2008 HIGH and then on Friday we had a daily close back under this level with a SELL signal on my price action indicator which is highly accurate at key levels so next week I see a move back down to the previous HIGH at 107.5 that was taken out this week if we mmanage to get a DAILY close under the 107.5 level a deeper corrrection down towards 105 area is likely which is was a newly formed WEEKLY DEMAND/SELL zone that became valid this week after the NEW high was printed. I still expect the market to target the MONTHLY SUPPLY/SELL from 2007 in the long term after it corrects down so which closely watch for BUY signals after the correction especially around 107.5 and below. The idea is to SELL on the open this week to target the 107.5 previous HIGH or below with a stop loss above the 2008 HIGH
Short
by TheFxAce
1
CADJPY Plan.Hello traders around the world! CADJPY on the weekly chart is looking great as the price is reaching a key area on the upper trend line. I won't be focusing on long positions in these 3 areas. I will be focusing on taking reversal patterns for short positions. 1st area is at the weekly upper TL around 115.000 2nd area is at the mass psychology rejection line around 125.544 3rd area is at the higher mass psychology rejection line around 137.390 Always wait for the right pattern before executing. Patience is key. #ThePrimes
Short
by alex_k_95
2