CADJPY Technical & Order Flow Analysis (Swing Trading)Our analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view, the price will rise to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
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CADJPY trade ideas
CAD_JPY BULLISH REBOUND|LONG|
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CAD_JPY is going down now
But a strong support level is ahead at 103.888
Thus I am expecting a rebound
And a move up towards the target of 104.400
LONG๐
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Bullish bounce off pullback support?CAD/JPY is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 103.77
1st Support: 103.11
1st Resistance: 105.60
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CAD_JPY SHORT SIGNAL|
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CAD_JPY is set to retest a
Strong resistance level above around 105.800
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
So we can enter a short trade with the
TP of 104.729 and the SL of 105.921
SHORT๐ฅ
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CADJPY RALLIED IN THE WAKE OF STEADY RATE BY BOJEarlier today, May 1st, The Bank of Japan (BoJ) maintained its interest rates at 0.5%, with a dovish outlook, including trimmed growth and inflation forecasts.
This stance suggests a lower likelihood of near-term rate hikes, this priced in a weaker Yen and hence the Yen lagged across board.
The Canadian Dollar on the other hand being strengthened by the recent rebounds in oil prices took advantage of that, hence the surge in CADJPY.
TECHNICAL VIEW
From technical perspective, prices were supported at 104.35 after it broke out of a major psychological barrier level of 104. Price rallied to the strong supply zone of 105 and currently hovering around 105.06.
From technical lenses, the oscillators: RSI and Stochastic are over stretched hinting signs of possible pullback as they have gone above over bought levels and created bearish divergence: price is forming Higher High and both indicators are possibly forming Lower High simultaneously.
Other things being equal, analysts likely predict price to drop with potential target around 104.35 and if that is taken out, the next potential targets would be 104 and 103. On the other hand, if the bullish momentum is sustained, a break above 105.39 would usher in 106 psychological level. Breakouts of these levels are not ruled out as per analysts.
#CADJPY:1700+ PIPS Swing Concept On The Way,Three Profit TargetsJPY initiated a bearish trend and anticipates a rapid reversal in all JPY pairs, such as CADJPY. We expect a significant swing move, potentially reaching 2000+ pips in the long term. Additionally, we have set three targets based on our analysis, which can aid in identifying potential trade opportunities. Good luck and trade safely.
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CAD/JPY Rally Could Fade Near Resistance โ Watch for ShortsThe CAD/JPY pair is currently trading within a well-defined descending trendline. Multiple rejections are visible around the 108.300, 105.864, 105.434, and 105.044 levels, confirming strong bearish control over the medium term.
Price has recently bounced from a critical horizontal support near 101.246, forming a short-term bullish move toward the descending trendline. We are now approaching a confluence zone near the 103.800โ104.000 area, where the downtrend line intersects. This zone is a potential supply area and could act as a strong resistance.
Trade Idea: Sell Setup Near Trendline (103.800โ104.000)
Target: 102.532, 101.250
Invalidation: Break and close above 104.200
CAD/JPY 4-Hour Short โ Fibonacci RetracementWeโre fading the recent CAD/JPY rally with a sell-limit at the 38.2% retracement (โ103.60), anticipating a continuation of the larger down-impulse.
โข Entry: 103.597 (Sell Limit at 38.2% fib)
โข Stop Loss: 103.982 (just above 23.6% fib) โ 37.5 pips / 0.36% risk โ $2.70 at 0.01 lots
โข Take Profit: 102.514 (78.6% extension) โ 109.3 pips / 1.05% reward โ $7.58 at 0.01 lots
โข Risk-Reward: โ1:2.9
The custom RSI (with its configurable moving average) is turning lower below 60, aligning momentum with a bearish bias. Position sizing is handled by the โSniper Lot Size Calculatorโ to cap risk at 1% per trade. This clean, macro-to-micro approach keeps us surgicalโwaiting for the pullback, then striking with precision.
Longs ContinuationLooking to Hold this Trade for a continuation move.
The Canadian dollar shows strength against the Japanese yen, supported by stable oil prices and a firm Canadian economy.โ
The Japanese yen's weakness, amid decreasing safe-haven demand, further supports a bullish outlook for this pair.
CAD/JPY at Key Decision Zone: Breakout or Rejection?๐ต๏ธโโ๏ธ Chart Overview:
Instrument: CAD/JPY
Chart Type: Candlestick
Time Frame: Appears to be intraday (possibly 1H or 4H)
EMAs Used:
50 EMA (Red): 102.814
200 EMA (Blue): 102.710
๐ Key Zones Identified:
1. Immediate Zone (103.30 - 103.50)
Marked as: โResistance + Supportโ
This is a key decision zone. Price has tested this region multiple times, showing it holds dual roles โ a flip zone.
Price is currently testing this zone again. A break and retest above could confirm bullish momentum.
2. Upper Resistance Zone (104.80 - 105.50)
A broader supply area where previous strong selling pressure occurred.
This is the next logical target if price breaks and holds above 103.50.
3. Lower Support (101.29)
Strong horizontal support, clearly defined from previous lows.
If the price fails to break above the current zone, a rejection could lead to a move back down toward this support.
๐ Bullish Scenario:
Break above 103.50, with a successful retest confirming new support.
Momentum could carry price toward the 105.00โ105.50 resistance.
Supported by 50 EMA crossing above 200 EMA (early sign of bullish crossover โ Golden Cross).
๐ Bearish Scenario:
Rejection from the 103.30โ103.50 zone could signal continuation of range-bound or bearish pressure.
Break below 102.00, followed by momentum towards 101.29 key support.
Would invalidate short-term bullish structure.
๐ Additional Technical Notes:
The chart shows consolidation between 102.00 and 103.50 โ likely accumulation or re-accumulation phase.
EMAs are tightening, indicating a potential volatility expansion move is near.
Volume is not visible but would be useful to confirm breakout strength.
๐Conclusion:
CAD/JPY is currently at a critical decision zone. The next few candles will be key. Monitor:
Breakout direction
Retest confirmations
Momentum and volume indicators (if available)
CAD/JPY "Loonie-Yen" Forex Bank Heist Plan (Scalping/Day)๐Hi! Hola! Ola! Bonjour! Hallo! Marhaba!๐
Dear Money Makers & Robbers, ๐ค๐ฐโ๏ธ
Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the CAD/JPY "Loonie-Yen" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green MA Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐
Entry ๐ : "The heist is on! Wait for the Major Support breakout then make your move at (101.000) - Bearish profits await!"
however I advise to Place sell stop orders above the Moving average (or) after the Support level Place sell limit orders within a 15 or 30 minute timeframe most NEAREST (or) SWING low or high level for Pullback entries.
๐I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss ๐: "๐ Yo, listen up! ๐ฃ๏ธ If you're lookin' to get in on a sell stop order, don't even think about settin' that stop loss till after the breakout ๐. You feel me? Now, if you're smart, you'll place that stop loss where I told you to ๐, but if you're a rebel, you can put it wherever you like ๐คช - just don't say I didn't warn you โ ๏ธ. You're playin' with fire ๐ฅ, and it's your risk, not mine ๐."
๐Thief SL placed at the nearest/swing High or Low level Using the 4H timeframe (104.000) Day/Scalping trade basis.
๐SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target ๐ฏ: 98.500 (or) Escape Before the Target
๐ฐ๐ต๐ธCAD/JPY "Loonie-Yen" Forex Market Heist Plan (Scalping/Day Trade) is currently experiencing a Bearish trend.., driven by several key factors.๐๐๐
๐ฐ๐๏ธGet & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets... go ahead to check ๐๐๐๐๐
โ ๏ธTrading Alert : News Releases and Position Management ๐ฐ ๐๏ธ ๐ซ๐
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
๐Supporting our robbery plan ๐ฅHit the Boost Button๐ฅ will enable us to effortlessly make and steal money ๐ฐ๐ต. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.๐๐ช๐คโค๏ธ๐๐
I'll see you soon with another heist plan, so stay tuned ๐ค๐ฑโ๐ค๐ค๐คฉ
CAD/JPY: Price at Decision Point โ Key Support in PlayWelcome back! Let me know your thoughts in the comments!
** CADJPY Analysis !
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support! Welcome back! Let me know your thoughts in the comments!
USD/JPY Trade Recap, AUD/JPY Long, AUD/USD Short & CAD/JPY ShortAUD/JPY Long
Minimum entry requirements:
โข 1H impulse up above area of interest.
โข If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
โข If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
AUD/USD Short
Minimum entry requirements:
โข If tight non-structured 1H continuation forms, 15 min risk entry within it if the continuation is structured on the 15 min chart.
โข If tight structured 1H continuation follows, 1H risk entry within it.
CAD/JPY Short
Minimum entry requirements:
โข If structured 1H continuation forms, 1H risk entry within it.