CADJPY Multi-timeframe SND This is a Multi-timeframe analysis for CADJPY using SND concepts.
Form Monthly to H1 execution
CADJPY trade ideas
CADJPY - Potential Reversal SetupHello traders
It looks like CADJPY has started a bullish setup and now we are looking to enter on the 0.618 fib retracement.
CADJPY - Correction and up? Looking at the CADJPY daily chart, we can observe a potential corrective pattern forming. The price action has been showing signs of consolidation near the marked blue box support zone around the 105.00 level. If the price respects this support area without breaking below it, and we see a strong bullish reaction, this could set up an interesting opportunity. The key observation here is that any significant bounce from this zone could trigger a broader upside move.
Should we see such a reaction materialize, the pair might gain enough momentum to challenge and potentially break above the November 2024 high, which sits around the 111.50 level. This scenario would be particularly compelling if we see clear rejection of prices above the blue box support, formation of bullish price action patterns at current levels, and strong momentum on the initial bounce. However, traders should remain cautious and wait for clear confirmation of the bullish reversal before considering long positions, as the current downward momentum would need to be definitively broken first.
CADJPY POSSIBLE SELL OPPORTUNITY Price has a high probability of selling as lower high is currently in formation. Price will likely fallback to 105.009 a sell opportunity is envisaged. The daily timeframe overall trend is bearish too
CADJPY buy setupOANDA:CADJPY
Overall bullish bias on CADJPY. 4h bullish structure made a retest at the Daily AOI. Waiting for a 4H or 1H bullish engulfing candlestick to go long on CADJPY
CADJPY – Short-Term WeaknessCADJPY – Short-Term Weakness
🔻 Short Bias | 🎯 Target: 107.61152 | ⏳ Deadline: Feb 14
After a recent attempt to push higher, CADJPY is struggling to maintain momentum. Watching for a potential move lower toward the 107.61152 target as sellers gain control.
💡 All trades can be replayed on TradingView for confirmation.
#CADJPY #Forex #TradingView #MarketAnalysis
Bullish bounce off pullback support?CAD/JPY is falling towards the pivot which is a pullback support and could bounce to the 1st resistance.
Pivot: 107.14
1st Support: 106.19
1st Resistance: 109.13
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CADJPY is BearishPrice was in a strong uptrend, however a double top formation with bearish RSI divergence on hourly time frame hints that bears are trying to assume control of the price action. If the higher low is broken successfully then we can expect a bearish reversal as per Dow theory. Targets are mentioned on the chart.
USD/JPY VS CAD/JPYyou can see support which brought in more liquidity had a sweep then pushed up fast whichever pair gets to zone last is the one i am going to take
CADJPY: Pullback From Resistance 🇨🇦🇯🇵
CADJPY may retrace from a key daily/intraday horizontal resistance.
As a confirmation, I see an inverted cup & handle pattern on that
and a breakout of its neckline.
Target - 107.69
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CADJPY Long on Regression BreakCADJPY is now net long and has a positive roll.
It bring into target the top of the consolidation range for the last couple of months.
CAD_JPY SHORT FROM RESISTANCE|
✅CAD_JPY is going up now
But a strong resistance level is ahead at 109.064
Thus I am expecting a pullback
And a move down towards the target of 107.619
SHORT🔥
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12-2 CADJPY:12-2 CADJPY: the pair has started a correction with a clear channel between 105.9 and 110. Our signal system still indicates a short but the deep Bearish signal now seems to be decreasing due to Retail sentiment 1 and Trend reading 1. We have taken a buy position at 108.225. TP at 109.536.
Japanese strength under construction with CAD Weakness looming?Hi Traders,
I'm back with an interesting take on CAD/JPY .
This pair has surged 1% today, reaching the highs last seen on February 6th . From a fundamental perspective, the Bank of Japan (BOJ) is expected to announce a rate hike this week , with markets already pricing in two 25bps increases by the end of 2025 —the first of which is expected imminently.
Trade Policy Developments:
Recent statements from the U.S. administration suggest plans to impose a 2 5% tariff on imports from **Canada and Mexico**. This could put pressure on the CAD , particularly against the JPY, as investors seek safe-haven assets.
Technical Outlook:
Looking at the charts, price is currently trading around a minor psychological level of 107.750 , which is where I've entered for some swing shorts.
We also have a massive Head and Shoulders pattern forming, which, if confirmed, could drive prices lower. My attractive target for this setup is 100.000 —a major barrier that could act as a strong support zone.
Risk Management:
The main risk in this trade is that we haven't fully broken the Head and Shoulders neckline yet , which could serve as a strong support. A fundamental catalyst might be needed to break this level.
For risk allocation, I’m allowing price to move up to 108.800 before cutting losses. Until then, I'll be monitoring price action closely.
As always my friends, manage your risk and trade smart . Stay safe out there!
Yours truly,
Tradebudz
CADJPY: Market of Sellers
The analysis of the CADJPY chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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CAD/JPY AnalysisCAD/JPY technically breaks the Symmetrical triangle and from this scenario I am planning a long position in it
OANDA:CADJPY
LONG ON CAD/JPY- Falling Channel at major support/demand are with a breakout (Bullish reversal pattern)
- Price Failing to break lows creating triple bottom/support area. (bullish)
- Jpy index has a head and shoulder pattern and is falling. (bullish for xxx/jpy pairs)
I will be buying CAD/JPY expecting price to rise for the rest of the week.
CAD/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
The BB upper band is nearby so CAD/JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 105.821.
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Cadjpy for shortPrice formed a rising channel, if price breaks below the weekly support zone and retest, with a bearish candlestick pattern. We go for short.
CADJPYPrice is trading decisively below the Kumo Cloud and Kijun-Sen, confirming strong bearish momentum. The Chikou Span (Lagging Span) has broken below past price action and remains significantly distanced from the current candlesticks, signaling a sustained downtrend. Williams %R has just triggered a sell entry, aligning perfectly with the existing bearish structure, while Money Flow Index (MFI) remains negative, confirming institutional selling pressure. With all confluences in place, this setup presents a high-probability short opportunity, favoring continued downside as long as price remains below key resistance levels. 🚀📉
