CADJPY Analysis H1Here is my analysis for CADJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Cadjpylong
Daily Wave Rider - CADJPY - BUY CADJPY
Channel: GREEN
WK Pivot: GREEN
AOB: WP
CON: SBB
BUY Stop: 110.697
Stop Loss: 109.830
TP01: 111.564
TP02: 113.298
DWR present as a buy setup on 26SEP, with Channel and Pivot are green bouncing of EMA10
However, trade is not taken/considered analysis shows OIL is heading on the downside this week
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: SELL
CADJPY Analysis H4Here is my analysis for CADJPY on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Daily Wave Rider - CADJPY - BUYCADJPY
Channel: GREEN
WK Pivot: GREEN
AOB: EMA10
CON: SBB
BUY Stop: 110.446
Stop Loss: 109.347
TP01: 111.545
TP02: 113.743
DWR present as a buy setup on 25SEP, with Channel and Pivot are green bouncing of EMA10
However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: SELL
CADJPY BUYS in play.CADJPY BUYS in play.
1. Potential Bullish Trend.
2. CAD is strong meanwhile JPY is weak.
3. Short term sellers pressure.
We are looking to go Long on this pair, As the price is heading towards the support and resistance zone. We will look for confirmations on the lower time frames.
#CADJPY- UPDATE OUR POV CHANGED!!We were bearish up until this week friday, though JPY showed massive rejection and failed to take control of the price, which indicates prices are expected to rise and stay bullish for now.
Let's wait for the market to show the move!!
CADJPY LONG - NEW HIGHS SOON!Waiting for a retest of 108.453 to long CADJPY back to swing highs at 109.518
If you agree drop a like and if you have any questions leave a comment :)
CADJPY Long Term SELLING Trading IdeaHello Traders
In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET
today CADJPY analysis 👆
🟢This Chart includes_ (CADJPY market update)
🟢What is The Next Opportunity on CADJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CADJPY Long Term SELLING Trading IdeaHello Traders
In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET
today CADJPY analysis 👆
🟢This Chart includes_ (CADJPY market update)
🟢What is The Next Opportunity on CADJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CADJPY Long Term SELLING Trading IdeaHello Traders
In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET
today CADJPY analysis 👆
🟢This Chart includes_ (CADJPY market update)
🟢What is The Next Opportunity on CADJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CADJPY: The Thrilling Tale of Bulls, Flags, and Double Bottoms!The Epic Preamble
Ladies and gents, forex warriors, and chart whisperers, gather around! We've got a thriller unfolding in the grand arena of currency gladiators: the CADJPY pair! Yep, that's the Canadian Dollar squaring off against the Japanese Yen. Since the 15th of August, they've been dancing in a tight ring, neither gaining the upper hand—until now!
The Plot Thickens: Enter the Double Bottom!
Imagine the suspense in a James Bond movie when 007's trapped but finds a secret escape hatch at the last moment. That, my friends, is the CADJPY's Double Bottom Formation—a bullish signal that says, "Not today, sellers!" It's like a trampoline at the base of our range; the price bounces but doesn't break through.
The Bullish Flag: A Plot Twist We've Been Waiting For
The latest chapter in our epic saga features a glorious Bullish Flag! This wasn't just any flag; it was the Gandalf of flags, standing firm and saying, "You shall not pass!" for 21 tantalizing days. But wait, there's a twist—the flag has been shattered, and the bulls are running free! With a whopping 3.9 million USD traded during its formation, you can bet this flag was the real deal.
The Funda-Mental Supporting Cast
Now, no epic is complete without a compelling backstory:
The Canadian Chronicles: GDP figures in Canada are soaring like an eagle with a jetpack! Employment rates are holding steady like a lumberjack on a log.
The Land of the Rising Sun: Japan, known for its Samurai and sushi, isn't doing its currency any favours with an ultra-loose monetary policy.
Risk-on Showtime: The world seems to be in a mood for adventure, ditching safe havens like the Yen for more daring escapades with the Loonie (that's slang for the Canadian Dollar, eh!).
Strategy: No Room for Weak Knees!
Alright, thrill-seekers, we expect this epic tale to take a joyous turn for the Loonie. If you're in this rodeo, get ready for a wild ride upwards!
But beware, young squire, dragons still lurk in the forest of financial markets. Any slips, trips, or dips should be your cue to manage those positions like you're juggling flaming torches. Use those stop-loss orders like a knight uses a shield!
Roll Credits
There you have it—a full-on drama, comedy, and action-packed saga all rolled into one currency pair! But remember, while we might jest and jape, trading currencies is a serious business, fraught with peril and risks. Always do your due diligence, or consult your financial Gandalf before making any moves.
And that's a wrap, folks! Stay tuned for the next gripping episode in the CADJPY universe! 🎬🍿
CADJPY: Anticipating a Bullish BreakoutCADJPY has been observed to be in a bullish trend that was initiated on the 24th of March. From the technical analysis, it appears that the pair has completed wave 1 and 3 of the impulsive move, with wave 3 delivering a considerable 280 pips gain. The wave 3 appears to have peaked on April 4th at 99.185, and since then, we have seen a decline in price, indicating the onset of corrective wave 4.
My current analysis reveals that the pair is presently in corrective wave 4, which appears to be characterized by a contracting triangle pattern. Based on this observed pattern, I'm anticipating an upward breakout to complete the wave 5 of the impulsive move.
Consequently, my ultimate price objective for CADJPY is 99.858 , with a medium-term target set at 99.432 . It is essential to note that any price decline below 95.505 will render this forecast invalid.
Continuation PatternThe price has been consolidating in one area for a long time and now the price has broken the resistance area and now its ready to continue its bullish run, lets see how far it will go
CADJPY LONG - AWATING BREAK OF RESISTANCE!Waiting for a retest of 108.216 to long CADJPY back to swing highs at 109.254
If you agree drop a like and if you have any questions leave a comment :)
CADJPY BuyAs we all know that the economic condition of Japan is not fine, and they are also facing natural disasters. I still believe that Yen will remain weak in coming week. Better to look buying opportunities on such pairs which have YEN.
Continuation patternthe price formed a consolidation phase and now the price has broken the resistance area, will the price continue upwards, looks like it
CADJPY Analysis H1Here is my analysis for CADJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
CADJPY Buy H1Here is my analysis for CADJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
CADJPY Bullish LongThe CADJPY long bullish idea is supported by two key technical indicators: DOW breakout and bullish divergence.
DOW Breakout: The CADJPY currency pair has experienced a breakout based on the DOW theory, which suggests that price movements in one market can influence price movements in another market. A breakout in the DOW can potentially impact the CADJPY pair, indicating a shift in momentum in favor of the bulls.
Bullish Divergence: In addition to the DOW breakout, there is a presence of bullish divergence in the price action. This occurs when the price makes lower lows, but the corresponding indicator (such as RSI or MACD) makes higher lows. It indicates that the selling pressure is weakening, and a bullish reversal might be on the horizon.
Combining these two technical signals, traders might consider taking a long position on the CADJPY currency pair, anticipating further upward movement in the exchange rate. However, it is essential to perform further analysis and risk management before executing any trades. Traders should also be aware of potential risks, such as unforeseen market events or changes in economic fundamentals that could impact the currency pair's direction. As with any trading idea, it is crucial to consider your own trading strategy and risk tolerance before making any decisions.
CADJPY Analysis H1Here is my analysis for CADJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
CADJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bullish market structure based on higher timeframe, so I am looking for longs. My point of interest is if price makes a retracement to fill the imbalance lower and then rejects from bullish order block.
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CAD/JPY - LONG; Buy it up!This should be self explanatory. The Loonie should also benefit - including for the long run! - from the global re-centralization toward NAFTA.
CADJPY LONG TERM TRADING IDEAHello Traders
In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET
today CADJPY analysis 👆
🟢This Chart includes_ (CADJPY market update)
🟢What is The Next Opportunity on CADJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
