Get started

Canadian Dollar / Japanese Yen

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

CADJPY trade ideas

CADJPY SELL TRADE PLAN🔹 Conservative, High R/R Entry (BEST INSTITUTIONAL ENTRY) 📌 Sell from 106.50-107.00 📌 SL: 107.50 📌 TPs: 105.00, 104.50, 103.00 📌 More refined & avoids early stop hunts. 🔹 Aggressive Entry (Still Valid, But Riskier) 📌 Sell from 106.00 📌 SL: 106.50 📌 TPs: 104.50, 103.50, 102.50 📌 Only valid IF strong rejection occurs. Final Decision – What’s the Best Trade? ✅ If price reaches 106.50-107.00 → That’s the best place to sell. ✅ If price rejects HARD from 106.00 → A lower risk entry is possible. 🚀 This is how Smart Money trades – always waiting for premium price before selling!
Short
by jibkhan111
CAD/JPY - We reached a very strong bottom , time to go up?Hi guys , we would be looking into CAD/JPY as our next trade, currently the market has reached a solid bottom around the 105 area. As of February 24, 2025, the CAD/JPY currency pair is exhibiting signs of potential bullish momentum. Recent technical analyses suggest that the pair may experience an upward movement in the near term. Technical Indicators Supporting a Bullish Outlook: Trendline Support and Demand Zone: On the 3-hour timeframe, CAD/JPY has retraced towards a demand zone at the base of a previous bullish breakout. This zone coincides with a 76% Fibonacci retracement level and is reinforced by a trendline support, indicating a potential bounce and continuation of the upward impulse. FBS Bullish Divergence Pattern: A bullish divergence pattern has been identified on the 30-minute chart, suggesting potential strengthening of CAD/JPY. As long as the price remains above the 106.86 level, there is potential for the pair to rise towards 107.09, with further targets at 107.50 and 107.85 if momentum persists. INSTAFOREX In summary, the combination of supportive technical indicators and chart patterns suggests a favorable outlook for CAD/JPY. Traders may consider looking for buying opportunities, with potential targets at 107.09, 107.50, and 107.85, while monitoring key support levels to manage risk effectively. Entry: 105.270 Target 107.800 SL: 104.200 R/R - 2.85!
Long
by DG55Capital
CAD/JPY: Potential Reversal as Buyers Step InCAD/JPY has shown signs of exhaustion in its bearish momentum after completing a deep Bat harmonic pattern. The pair has reached a key Fibonacci extension zone, where price action suggests a possible reversal. Bullish interest is evident with price stabilising near the 105.50 level, supported by oversold conditions on momentum indicators. If buyers sustain pressure, a corrective move towards 106.50 and potentially 107.18 could unfold. Confirmation through a breakout of local resistance would further validate a bullish recovery scenario.
Long
by BeaucoupPips
CADJPY Wave Analysis – 21 February 2025 - CADJPY broke support zone - Likely to fall to support level 104.00 CADJPY currency pair recently broke the support zone between the key support level 105.40 (which has been reversing the price from September) and the 61.8% Fibonacci correction of wave (2) from August. The breakout of this support zone should accelerate the active impulse wave 3 of the intermediate impulse wave (3) from November. Given the strong daily downtrend and the bullish yen sentiment seen today, CADJPY currency pair can be expected to fall to the next support level 104.00.
Short
by FxProGlobal
CADJPY Under Pressure! SELL! My dear subscribers, My technical analysis for CADJPY is below: The price is coiling around a solid key level - 107.47 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 106.55 My Stop Loss - 108.07 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 ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
CADJPY Bearish on 4HThe Canadian dollar has been on a heavy downtrend, and through the days it is becoming more clear that its value is going to continue falling. According to my Elliott Waves analysis, we are at the beginning of the 4th wave formation on the 4H timeframe, and it can give us a potential solid entry based on this strategy that I've been testing lately from this amazing trader: @AraKerbabian Anyways, I believe this could be a good opportunity to join the trend so I'll try it. ENTRY: 106.783 TP1: 105.452 TP2: 104.749 TP3: 104 SL: 107.350
Short
by JBaissari
CADJPY at Key Support - Potential Buy SetupOANDA:CADJPY has reached a significant demand zone, an area that has previously served as strong support, leading to notable bullish reversals. The current market structure suggests a potential bullish bounce from this zone. If buyers confirm support at this level, the price could move upward toward the 107.300 level, which serves as a logical target for this setup. Conversely, a failure to hold this demand zone could indicate further downside potential toward lower support levels. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, long lower wicks rejecting the demand zone, or increased buying volume, before considering long positions. Let me know your thoughts or if you have any additional insights!"
Long
by DanieIM
14