About Canadian Dollar / Japanese Yen
The Canadian Dollar vs. the Japanese Yen. When a trader is unsure about trading the US Dollar, the CADJPY is often determined to be a suitable replacement. However, the historically higher yield of the Canadian dollar in the past has made the CADJPY more sensitive to market wide sentiment changes than the USDJPY. Also, Canada’s large amount of energy exports, most notable oil, causes it to be affected by crude oil prices.
CADJPYJust keep the chart simple. Price is currently on a descending channel, internally, we've seen a breakout from my trendline, a retest on it which holds and I expect price to continue falling, nonetheless, don't forget that price respects the little things that matters within the channel like support
CAD/JPY ANALYSIS ANOTHER ENTRY This is cad/jpy analysis from four hours time frame, as we can see after price break previous high now price is heading toward demand level a good area for buyers to push the market up again were liquidity is located. Wait for change in character to happen in small times like 30 min before start l
CADJPY UpdateAs anticipated, price has rejected the horizontal level and is now pulling back into a key demand zone on the H1–H4 timeframe.
I’m watching this area closely for bullish confirmation to take a long position toward the upper target zone. If bullish price action does not appear and bearish momentum c
CadJpy Trade Idea UpdateI published a CJ short set up and stated my reasons for looking to go short on the pair. I just personally went short with price sweeping liquidity and retesting an area I was interested in. We even had the 1hr pullback before price gave the bearish engulf for confirmation. If all goes well we shoul
CADJPY SELL IDEA-The daily chart is showing a Head and shoulders pattern, with the right shoulder complete, as indicated by the last daily close.
- H4 is also showing a Head and Shoulders Pattern with the right shoulder complete. Additionally, Price reached a major supply zone (Circled areas) and fell, forming a h
CADJPY My Opinion! BUY!
My dear friends,
Please, find my technical outlook for CADJPY below:
The price is coiling around a solid key level - 104.32
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Go
CADJPY: Bearish Forecast & Bearish Scenario
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the CADJPY pair price action which suggests a high likelihood of a coming move down.
Disclosure: I am part of Trade Nation's Influencer prog
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of CADJPY is 105.787 JPY — it has increased by 0.72% in the past 24 hours. See more of CADJPY rate dynamics on the detailed chart.
The value of the CADJPY pair is quoted as 1 CAD per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADJPY has the volatility rating of 0.94%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADJPY showed a 1.60% rise over the past week, the month change is a 1.81% rise, and over the last year it has decreased by −7.11%. Track live rate changes on the CADJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADJPY technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADJPY shows the buy signal, and 1 month rating is neutral. See more of CADJPY technicals for a more comprehensive analysis.