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CADJPY trade ideas

CADJPY next move (expecting bearish move)(22-01-2025)(mid term)Go through the analysis carefully and do trade accordingly. Anup 'BIAS for the day (22-01-2025) (mid term) Current price- 109.000 "if Price stays below 111.000, then next target is 105.000 and 103.000 and above that 115.000 ". -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk more than 1% of principal to follow any position. Support us by liking and sharing the post.
by AnupZiddi
4
CAD/JPY at Key Support Zone: High-Probability Trading Scenariohe CAD/JPY is approaching a critical support zone (107.50 - 108.00) on the daily chart, providing multiple trading opportunities based on key technical setups. Here's a breakdown of potential scenario Scenario 1: Buy at Key Support (107.2 - 105.7) Rationale: Strong confluence of support from prior lows (point B), ascending trendline, and Fibonacci retracements. TDI Indicator is near oversold levels with bullish divergence, signaling a potential reversal. High probability of a bounce from this support zone. Trade Parameters: Buy Zone: 107.2 Stop Loss: 105.7 Take Profit Targets: Target 1: 114.6 (intermediate resistance) Target 2: 118.6 Risk-Reward Ratio: 1:4 The strategy offers a great probability of success, supported by strong technical confluences and favorable risk-reward dynamics. Monitor price action and volume closely ON LOWER TIMEFRAMES to validate entries.
Long
by MrVNpt
1
CADJPY Downtrend Analysis: Bearish Momentum ContinuesThe CADJPY remains in a strong downtrend after completing its first wave structure to the downside. The corrective wave offered no signs of a trend reversal, confirming the sellers’ dominance. Yesterday, during the Tokyo session, a new bearish wave structure began, breaking below the first wave's momentum low. Wave 2 formed as a correction to Wave 1, creating an opportunity to look for short trades below 108.614. A break below 107.65 (momentum low) is expected, with a Fibonacci target of 61.8% as a likely end for the current wave. Key levels to watch: Entry: Below 108.614 Target: 107.65 and Fibonacci 61.8% level Stop Loss: Above 109.05 Selling above 109.05 is not recommended. Like, comment, and share your thoughts. Happy trading!
Short
by Charts247TradingAcademy
5
Bearish drop?CAD/JPY has reacted off the pivot and could drop to the 1st support. Pivot: 108.81 1st Support: 107.43 1st Resistance: 109.55 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
CAD/JPY "Canadian vs Japanese" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the CAD/JPY "Canadian vs Japanese" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉 Entry 📉 : Traders & Thieves with New Entry A bull trade can be initiated at any price level. however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest. Stop Loss 🛑: Using the 2h period, the recent / nearest high level Goal 🎯: 105.500 (OR) Before escape in the market Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Fundamental Outlook 📰🗞️ Based on the factors mentioned, we anticipate the CAD/JPY currency pair to exhibit a BEARISH direction 🔴Macroeconomic Factors 1. Interest Rate Divergence: The Bank of Canada's (BoC) and the Bank of Japan's (BoJ) monetary policy decisions, including interest rate changes and quantitative easing. 2. Global Economic Trends: The impact of global economic growth, trade tensions, and geopolitical events on both Canada and Japan. 3. Commodity Prices: Fluctuations in crude oil, natural gas, and other commodity prices, which can affect Canada's export-driven economy. 🟢Fundamental Factors 1. Trade Balance: Canada's trade balance with Japan, including exports and imports of goods and services. 2. Inflation Rates: Differences in inflation rates between Canada and Japan, which can influence exchange rates. 3. GDP Growth: The relative strength of Canada's and Japan's economies, as measured by GDP growth rates. 🟣Sentimental Factors 1. Market Sentiment: Overall market sentiment towards the CAD/JPY pair, including positioning and sentiment indicators. 2. Trader Positioning: The ratio of long to short positions held by traders, which can indicate market sentiment. 3. Technical Analysis: Chart patterns, trends, and technical indicators that can influence trader decisions. Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏 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 🚨Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 🚨Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Short
by Thief_Trader
CADJPY - Bearish Continuation After Support BreakOANDA:CADJPY has broken through a key support level and is now retesting this level as resistance. If the resistance holds, it could pave the way for a deeper move downward, with the 106.600 level emerging as the next major area of interest. This level also aligns with a significant support zone, making it a critical area where buyers may attempt to regain control. Traders are advised to monitor for bearish confirmation signals, such as bearish engulfing candlestick patterns, rejection wicks, or strong selling volume at the retested resistance level. Such signals would reinforce the probability of a continuation to the downside. However, a decisive break back above the resistance zone would invalidate the bearish scenario
Short
by TrendDiva
1
CADJPY Technical Analysis! SELL! My dear friends, Please, find my technical outlook for CADJPY below: The instrument tests an important psychological level 109.09 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 108.48 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
CADJPY - Buy Setup at Clear Support LevelOANDA:CADJPY is approaching a strong support zone, an area that has previously attracted buyers. The recent bearish momentum has pushed price closer to this zone, making it a key level to watch for potential buying interest. If buyers step in and confirm the support with bullish price action—such as rejection wicks, bullish engulfing candles, or increasing buying volume—I anticipate a move toward 107.710. However, if price breaks below this level, it could signal further downside and invalidate the bullish outlook. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, whether it’s a strong rejection candle or a spike in volume, before making a move. Your support means the world! Every like and comment motivates me to share more insights. Also, let me know your thoughts in the comments—I’d love to hear your perspective! Best of luck , TrendDiva
Long
by TrendDiva
1