The Market Rewards the PatientLast week was probably one of the slowest weeks I’ve ever had. I found two setups, but neither one truly materialized. They just didn’t meet all the conditions in my plan. It was tough. I won’t pretend it wasn’t tempting to drop my rules and chase other strategies just so I could be in the market.
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.
Related currencies
CADJPY Is Very Bearish! Short!
Take a look at our analysis for CADJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 105.190.
Taking into consideration the structure & trend analysis, I believe that the market will reach
CADJPY SELL IDEAWe're currently in a downtrend with price forming a series of lower highs and lower lows. Currently, the price is retesting a broken minor support level on the H4 chart, and I'll be on the lookout for entries at the next H1 close. Final confirmation for a fall would be a H4 close below the support l
CADJPY Trading Opportunity! SELL!
My dear friends,
CADJPY looks like it will make a good move, and here are the details:
The market is trading on 106.86 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the m
CADJPY: Bullish Move From Support Confirmed?! 🇨🇦🇯🇵
CADJPY may bounce from a key daily horizontal support cluster.
As a confirmation signal, I spotted a bullish imbalance candle
on a 4H time frame after its deep test.
I expect a pullback to 106.65
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer progra
#CADJPY:Targeting 130.00 Almost 30,000 Pips Swing TradeThe long-term outlook for CADJPY remains extremely bullish in the coming week. My initial target is 115, followed by 120, and ultimately 130. This would result in a total of 30,000 pips of movement in the swing. Please use this analysis for educational purposes only.
Good luck and trade safely!
Li
Bullish ABC
Hello awesome traders! I hope you're having a great trading week so far. This week is a bit shorter due to the U.S. Independence Day — with partial closures Thursday and a full close on Friday. But as always, we keep doing what we do best: identifying high-probability patterns, managing our risk, a
CADJPY LONGMarket structure bullish on HTFs 3
Entry at both Daily and Weekly AOI
Weekly rejection at AOi
Daily Rejection at AOi
Previous Structure point Daily
Daily EMA retest
Around Psychological Level 105.500
H4 Candlestick rejection
Rejection from Previous structure
Levels 3.88
Entry 110%
REMEMBER : Tr
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.
Frequently Asked Questions
The current rate of CADJPY is 107.247 JPY — it has increased by 0.44% 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 0.32%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADJPY showed a 1.37% rise over the past week, the month change is a 2.18% rise, and over the last year it has decreased by −9.04%. 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 buy. See more of CADJPY technicals for a more comprehensive analysis.