Cadjpyshort
EURJPY ANALYSISFrom the last analysis, we see price pushing down from 130.300 into 129.900.
We're watching to see what price would do when it gets there. Would it bounce? Or would it break below?
Whichever route price takes, we'll react accordingly. A bounce from this level would be that the short-term uptrend would continue.
If price breaks below, expect those sells down to a new lower low.
ready to go downNicely overbought RSI in short period on all lower time frames, ok formed inverted cup on daily chart and near 0.5 fib retracement for a handle formation.
The jump was also supported by a double bottom formation.
Note: It was a confirmed downtrend, but with the CAD coming back strong a reversal may happen. For now, it will need almost immediate correction to all it's pairs in the next day or two.
enjoy.
CAD/JPY Running In 200 Pips From Last Analysis , New Entry AddedThis 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 - BEARISH BIASCAD - Bearish
1️⃣ The gloomy market mood followed by the decline in crude oil prices depressed the CAD currency.
2️⃣ Bank of Canada Governor Tiff Macklem told the Canadian Press that the rise in inflation is temporary in nature.
JPY - Bullish
1️⃣ The global market is expected to remain risky following market concerns over the increase in Coronavirus cases as well as tensions between the United States and China.
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TECHNICAL
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- Intraday setup on H1 chart.
- We're shorting this pair on SBR level.
- Below SMA50 area.
TRADE AT YOUR OWN RISK!!
CAD/JPY Running IN 80 Pips Profits From Last Video,Did U Enter ?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: multi-time frame analysisHi Traders,
This is my view on this pair for the next days
#CADJPY
Wait for the price to reach 89.7 area to look for a trigger.
SL 90.21
TP 85.1
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
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Pietro from Trading Kitchen
CAD/JPY | Potential Downward Movement 🔨Technical Analysis:
The price found sellers around the 50% Fibonacci retracement level which led to a breakout of the bearish pennant formation to the downside after posting a head and shoulders. A higher correction is expected around the 87.96 USD mark before a selloff all the way down to the target profit.
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Trade Idea:
Sell Limit Order @ 87.96
Take Profit @ 87.13
Stop Loss @ 88.23
Trade Safely 🙂
Short Vision on CAD JPY 15/07/2021Hello Dear Traders,
You find below my analysis for CAD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame CAD/JPY will fall to 87.3 as I am showing in my chart. Our Daily Goal is 87.14.
Currently, CAD/JPY is moving towards the resistance level 87.5,where there is some liquidity from this value we are looking for short-term selling opportunities of CAD/JPY.
Good Luck and enjoy your Bearish Market for today.
Entry:@87.75
TP1: @87.55
TP2: @87.45
TP3: @87.15
SL: @88.2
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
CAD/JPY Made Head And Shoulders Pattern And Ready For Sell ?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