Scenario CADJPY levels update I am proceeding further in short's understanding of the market, I just wanted to specify the levels where the most accurate turn could be achieved, this analysis is based on the previous one
CADJPY trade ideas
Short CAD/JPY after retractionThere are some fighting in current zone and the patterns are still not really sure for short.
Maybe wait until the price retracts a little bit back to the corrected down trend channel top line area then short again with lower risky.
But if the price could break up the down trend channel top line and stand up on the line, then, the short strategy will not be active.
Short CAD/JPYThe price has touchd the previous support zone and bounced back to South. It touched the down trend channel top line area.
It is possible to go South and idea profit position is in prevous support line and down trend channel bottom line area.
CADJPY TRADE ANALYSISOn this Pair, we are anticipating for a SELL, as the CAD is weak, also the JPY has given us a Confirmation for a shift in trend to the UPSIDE, also on the CADJPY, the Trend is BEARISH,we have price at around the Supply areas with other confluences, also on the 30mins tf price has shifted its trend to the DOWNSIDE, You can add to your watch-list if this matches with your thought.
**CAD/JPY Dynamic Prediction: Key Levels in Play**🔄 **CAD/JPY Dynamic Prediction: Key Levels in Play** 📉📈
CAD/JPY is currently at **109.617**, setting up for some interesting movement. We expect a dip to **109.364** before a move up to **break 109.873**. If a reversal follows, the price could target **108.877**, with potential momentum aiming to break **110.508**.
🔍 **Key Levels to Watch:**
- **Current Price:** 109.617
- **Support Touch:** 109.364
- **Resistance Break:** 109.873
- **Bearish Target:** 108.877
- **Bullish Target:** Break of 110.508
💡 **Trading Insight:** This setup could provide trade opportunities both ways. Keeping an eye on these levels for confirmation will be crucial for entry points!
👉 What’s your CAD/JPY outlook? Comment your analysis!
#CADJPY #DynamicMove #ForexTrading #KeyLevels #Pipnest
CAD/JPY Long H4 Buy Limit @ 104.595
S/L @ 103.267
T/P1 @ 107.00
T/P2 @ 108.58
R.R.R. @ 1:3
Pure Price Action Trading based on Pullback Breakout of Key Level.
Good Trading to the Trading View Community! 👍
CAD/JPY Short H4 Sell Entry @ 106.93
S/L @ 109.06
T/P1 @ 104.80
T/P2 @
R.R.R. @ 1/
Pure Price Action analysis based on Breakout and/or Pullback of target level.
Enjoy trading ?
CADJPY / M15 / SHORTCADJPY may fall from the Bearish Order Block
Bearish Order Block: 109.457 and 109.372
CADJPY is likely to drop from the bearish order block, with a high probability of the trade reaching profitability. Since the price hasn’t touched the order block yet, consider placing a limit order at the entry price. Let’s see how the price reacts as it approaches this zone!
CADJPY / M15 / SHORT
LOT :- 0.3
Entry Price :- 109.372
Take Profit :- 109.151
Stop Loss :- 109.593
CADJPY Bearish Breakout!OANDA:CADJPY broke the rising
Support line and is going
Down again so we are
Bearish biased and we
Will be expecting a
Further move down !
CADJPY View!!Not much in USD/CHF before Wednesday and 0.8765 on $500 million and between 0.9035-45 on $807 million. The biggest EUR/CHF strike expiry is on Monday at 0.9705 on 626 million euros.
GBP/USD strike expiries worth noting are on Monday at 1.2940 on £553 million and between 1.2975-90 on £1 billion. There's little thereafter until Friday at 1.2970 on £713 million.
CADJPY SELL PROJECTION CADJPY, GBPJPY are likely to go deep this week due to the breakout from the uptrend and retest to the zone. Apply proper risk management
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CADJPY: Strong Selling Pressure EvidentA bearish breakout has occurred in CADJPY, with the price breaking below both an upward trendline and a horizontal demand zone.
Following a retest of the broken trendline, a strong rejection suggests potential for further downside movement.
The next key support level to monitor is 108.83.
CADJPY: Clear Strength of the SellersWe observed a bearish breakout on CADJPY, with the price breaking through both an upward trend line and a horizontal demand area.
After retesting the broken trend line, there was a strong rejection, indicating potential for further downward movement.
The next support level to watch for is at 108.83.
CADJPY GOING DOWNYesterday for halloween, something spooky happened : CADJPY broke the uptrend and is now free ;
after reaching one more time the HH KL, it is to go down, helped by the elections tuesday.
CADJPY The Target Is UP! BUY!
My dear subscribers,
My technical analysis for CADJPY is below:
The price is coiling around a solid key level - 109.29
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 109.91
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
CAD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
CAD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 109.909 area.
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CADJPY Fri 01 NovDaily : Bullish Trend
H4 : Reversal Patterns Identified, Price push back to Key Key Level
H1 : Fals Moov UP, Wait for Bearish Reversal Pattern TO GO SELL
CADJPYWe can attempt to short CADJPY from specified levels if it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
Lingrid | CADJPY Potential SHORT from SWAP zoneThe price perfectly fulfilled my last idea. It hit the target. FX:CADJPY has tested the 110.600 resistance zone three times but ultimately bounced off this level after forming a range zone. Given the significant bearish daily candle, I believe the market may head lower. The recent price action has also seen the price break and close below the upward trendline that had been holding for over a week. The formation of lower lows indicates a shift in market structure. If the market rejects the swap zone, we can expect a downward move towards the channel's lower boundary. My target is support zone around 108.75
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
CADJPYFor CAD/JPY, considering the influence of the U.S. Non-Farm Payroll (NFP) report, a stronger-than-expected NFP typically boosts the U.S. dollar, which can negatively impact the Canadian dollar (CAD) due to its correlation with USD. This, combined with recent yen strength from safe-haven flows amid market volatility, suggests a potential selling opportunity for CAD/JPY. Monitoring key support levels, confirmation from price action, and any divergences on technical indicators is recommended before entering the trade.
CADJPYFor CAD/JPY, considering the influence of the U.S. Non-Farm Payroll (NFP) report, a stronger-than-expected NFP typically boosts the U.S. dollar, which can negatively impact the Canadian dollar (CAD) due to its correlation with USD. This, combined with recent yen strength from safe-haven flows amid market volatility, suggests a potential selling opportunity for CAD/JPY. Monitoring key support levels, confirmation from price action, and any divergences on technical indicators is recommended before entering the trade.
Potential bullish rise?CAD/JPY is reacting off the pivot and could rise to the 50% Fibonacci resistance.
Pivot: 108.93
1st Support: 108.02
1st Resistance: 109.82
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31-10 ProbelegCADJPY 31-10: after weeks of ups and downs a Macd indicates a trend change. Our signal system gives a buy score of 5 which consists of: Cot Data 0, Retail sentiment 0, Seasonality 1, Trend reading 1, GDP 1, Manufacturing PMI 2, Services PMI -1, Retail Sales 0, Inflation 0, Employment Change 2, Unemployment Rate 0, Interest Rates -1. Still we go for a sell series from 109.101.
