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Cadjpyanalysis

CADJPY: nice short opportunity on H4Hi Traders, This is my view on this cross for the next few days. #CADJPY SELL 87.021 SL 87.64 TP 85.72 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Thank You ——————————— Pietro from Trading Kitchen
Short
by kitchen_trading
CADJPY - BULLISH BIAS===== MARKET OUTLOOK ===== CAD - BULLISH 1️⃣ Faster vaccine roll-out in Canada may keep fueling hopes of a faster exit from current restrictions and offsetting the negative impact of deteriorating data flow. 2️⃣ Oil prices jump as much of vital pipeline remains shut down following cyberattack. 3️⃣ Bank of Canada was the only central bank to tighten in April. JPY - BEARISH 1️⃣ Japan's extended state of emergency over the coronavirus pandemic till the end of May. 2️⃣ Good momentum in global equities continues. ===== TECHNICAL ===== We're looking to long this pair on RBS level + SMA50 area on H1 chart. ===== RISK TO THIS TRADE ===== Any change in sentiment could turn the pair's direction.
Long
by MonsunAsia
CADJPY Reaching A Level of Resistance!!!As we see a strong BULLISH movement upward, price is reaching closer to a 461.8% fib movement. Also, there is a strong resistance level @88.86 price level where I expect some BEARISH pressure on this pair. We could be eyeing for a potential short position from there towards 361.8%. If the BULLISH strength remains, we should see a rejection there, brining price to a higher level. However, I am anticipating a larger retracement as of now. With that, I see price potentially heading towards a strong support @84.94, also where we might see a rejection from the cloud. Definitely, if price continue breaking out of the cloud, our BEARISH bias will still stand. For that, I will update when price heads closer to that level. As of now, I see a short opportunity till 361.8% fib level and possibly support level @84.94. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Short
by YGForex
CADJPY AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. targets: 87.35 - 86.7 - 85.9 after first target reached move ur stop to breakeven stop:~88.4 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 4.5 risk is justified Good luck everyone! Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. If i help you TO EARN SOME MONEY i will RLY VERYVERY appreciate for ur donat! Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions(PM to me).
Short
by trytofeelpositive