Get started

Canadian Dollar / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

CADJPY trade ideas

CADJPY - The Bulls Are Stronger than Ever!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈CADJPY has been overall bullish trading within the rising wedge pattern marked in red. This week, CADJPY has been retesting the lower bound of the wedge. Moreover, the green zone is a strong weekly support. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower red trendline and green support. 📚 As per my trading style: As #CADJPY approaches the blue circle zone, I will be looking for trend-following bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TheSignalyst
10
CAD/JPY BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! CAD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 106.478 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the CAD/JPY pair. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
CITYSTAR | CADJPY ANALYSISCADJPY New Forecast👨‍💻👨‍💻 This is my personal trade and not in anyway a mandatory setup. Note: Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP. Please support this idea with a Like and COMMENT if you find it useful click "follow" on our profile if you will like these type of trading ideas delivered straight to your email in the future. Thanks for your continued support!! lemme know your thoughts in the comment sec..
Short
by King_CityStar_Fx
CAD/JPY is currently exhibiting a bearish trend structureThe CAD/JPY currency pair is currently exhibiting a bearish trend structure, indicating a prevailing downward momentum in its price action. At present, the pair is trading within a secondary trend near a significant resistance level, which is a critical point that could determine its next directional move. Traders and investors are closely monitoring this level as a breakout or rejection here could set the tone for future price movements. On the lower side, if the bearish momentum continues, the price may decline toward the target of 104.900. This level could act as a key support zone, where buyers might step in to halt further losses. A break below this support could intensify selling pressure, potentially pushing the pair toward lower levels. Conversely, if the price finds stability near this support, a short-term rebound could occur, providing traders with potential buying opportunities in a corrective phase. On the higher side, if the pair manages to overcome the current resistance, it may attempt to test the next key resistance level at 108.300. A successful breakout above this level could signal a shift in market sentiment, possibly leading to a trend reversal or a stronger corrective rally. However, given the prevailing bearish structure, any upward movement may face strong selling pressure near resistance zones, limiting upside potential. Traders should remain cautious and watch for confirmation signals before entering positions. Key indicators such as moving averages, RSI, and MACD can provide additional insights into momentum and potential reversals. Risk management strategies, including stop-loss orders, should be employed to mitigate downside risks in case the market moves against expectations. Overall, the CAD/JPY pair remains in a bearish phase, and its next major move will depend on how it reacts to the critical resistance and support levels mentioned.
Short
by TraderAishDXB
2
CADJPY TRADING IN A BEARISH TREND STRUCTUREThe CAD/JPY currency pair is currently exhibiting a bearish trend structure, indicating a prevailing downward momentum in its price action. At present, the pair is trading within a secondary trend near a significant resistance level, which is a critical point that could determine its next directional move. Traders and investors are closely monitoring this level as a breakout or rejection here could set the tone for future price movements. On the lower side, if the bearish momentum continues, the price may decline toward the target of 104.900. This level could act as a key support zone, where buyers might step in to halt further losses. A break below this support could intensify selling pressure, potentially pushing the pair toward lower levels. Conversely, if the price finds stability near this support, a short-term rebound could occur, providing traders with potential buying opportunities in a corrective phase. On the higher side, if the pair manages to overcome the current resistance, it may attempt to test the next key resistance level at 108.300. A successful breakout above this level could signal a shift in market sentiment, possibly leading to a trend reversal or a stronger corrective rally. However, given the prevailing bearish structure, any upward movement may face strong selling pressure near resistance zones, limiting upside potential. Traders should remain cautious and watch for confirmation signals before entering positions. Key indicators such as moving averages, RSI, and MACD can provide additional insights into momentum and potential reversals. Risk management strategies, including stop-loss orders, should be employed to mitigate downside risks in case the market moves against expectations. Overall, the CAD/JPY pair remains in a bearish phase, and its next major move will depend on how it reacts to the critical resistance and support levels mentioned.
Short
by Brillant_Capital
CADJPY Analysis – Bearish Rejection Expected from Key ResistanceCADJPY is currently trading within a rising wedge structure and approaching a major supply zone around the 108.300–108.700 region, which previously acted as strong resistance. Price has shown consistent upward momentum, but as it nears the upper boundary of the wedge and supply area, signs of exhaustion may appear. A potential bearish rejection from this zone could lead to a corrective move towards the lower trendline of the wedge, aligning with the previous breakout level at 105.850, which also acts as horizontal support. Traders should watch for bearish confirmation signals near the supply zone for a potential short opportunity, targeting the 105.850 region. A breakout above the supply zone would invalidate this bearish scenario
by Trader1mran
CADJPY Analysis: Uptrend Remains Intact – Look to BuyThe CADJPY pair continues to maintain its strong upward trend on the higher timeframes. Recent pullbacks appear to be temporary corrections and have not broken the overall bullish structure. Therefore, the most appropriate strategy at this stage is to wait for buying opportunities and look for confirmation before entering long positions. Patience is key — waiting for clear price action signals or technical confirmations can greatly improve your trade success rate. Suggested Strategy: Monitor the H1 or H4 timeframe for bullish reversal patterns. Look to buy when price retests key support zones and shows confirmation (e.g., pin bar, bullish engulfing, breakout). Stick to your trading plan and follow the trend — the bulls are still in control!
by ew_17i
1
CADJPY Forming Descending ChannelCADJPY is currently trading within a clean descending channel on the 4H chart, offering a classic technical setup for a potential bullish breakout. The pair has been consolidating for several sessions within this structure, making higher lows off key support. The channel is acting as a controlled retracement in a broader uptrend, and price is now reacting from the lower boundary—indicating a strong possibility of a bullish reversal toward the upper zone near 202.70. Fundamentally, the British pound remains supported by strong wage growth and persistent inflation, which keeps the Bank of England on alert for further rate action. Traders are pricing in the potential for policy tightening to continue or remain elevated longer than expected. In contrast, the Japanese yen stays under pressure due to the Bank of Japan’s ultra-loose stance and its reluctance to normalize interest rates, especially after the latest BOJ meeting reaffirmed dovish policy despite a weakening yen. The technical setup aligns perfectly with the fundamental landscape. CADJPY is positioned to benefit from yield differentials and risk-on sentiment in the market. A clean breakout above the channel resistance around 199.50 could trigger a wave of bullish momentum, targeting the 202.70 zone and potentially higher if bullish fundamentals persist. The current support zone around 197.40 serves as a tight invalidation level, providing a favorable risk-to-reward for swing buyers. With this descending channel structure and macro tailwinds favoring strength and CADJPY weakness, I'm anticipating a breakout soon. This setup is one to watch closely, as it blends technical precision with fundamental divergence—a high-probability scenario that aligns with my trading plan.
Long
by AndrewsMarket-Mastery