CADJPY: Massive Breakout 🇨🇦🇯🇵
There is a high probability that CADJPY will drop much lower.
The violation of a significant daily demand cluster leaves clear bearish clues.
Next support - 103.5
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JPYCAD trade ideas
CADJPY-BUY strategy 6 hourly chartThe pair has been "battered" heavily, and its oversold again. The stochastic is low as well, and so the Fisher form. I feel we may see recovery above 105.40 area.
Strategy BUY @ 104.20-104.45 and take profit near 105.17
#020 Trust The Process CADJPY Buy 1514SGT 24022025Buying CADJPY.
I need to stop trading. I need to go brush my teeth, take a shower, rest abit, go work alittle and then go for lion dance training.
This is my second time going back for training after 13 years or so, of non-participation.
1515SGT 24022025
CAD_JPY BEARISH BREAKOUT|SHORT|
✅CAD_JPY is trading in a
Strong downtrend and the
Pair made a bearish breakout
Of the key horizontal level
Of 105.000 so we are bearish
Biased and we will be expecting
A further bearish move down
SHORT🔥
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CADJPY: Buy ideaOn CADJPY we would have a hight probability to have an uptrend after the breakout with force the vwap and the resistance line.
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!
CADJPY is now Net ShortCADJPY has broker the regression to the short side.
It is at the bottom of the consolidation - I will not take this trade
CADJPY CADJPY also the same thing but just lookin for price to travel a little further up to it's zone. All timeframes in sync, price is also currently at a point where it could soon give a entry around here just waiting on lower timeframes to enter. Just looking for price to move slightly back into the zone so we can hopefully see moves downward
CAD/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
CAD-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 108.562 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the CAD/JPY pair.
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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!
Buy CADJPY, CHFJPY now!!!!!Price showing strong bullish momentum after bouncing off of resistance. This is a very nice setup already in play.
Long Looks goodLong.
TP-1 will hit forsure
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice.
Acw Wolf assist kiranFirst time trading cadjpy
Zero asset knowledge
Applied Forexia
Applied acw pro skill set
Applied order flow
Applied acw bar patterns
Let’s see how this plays
Will Japanese Yen get stronger?CAD/JPY - The performance of the pair the last week is -2.53% last month -3.60% and the last three months -5.12%. 12.2.2025 - 13.2.2025 price hit at SMA 30 CLOSE and fall more than 3% in range. On Friday 21.2.2025 price close bellow our last demand zone. We can expect Japanese Yen get stronger the next days and price fall to the demand zone of 13.9.2024 - 18.9.2024 and even lower at the lowest of 5.8.2024
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.
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.
#013 Trust The Process CADJPY 1630SGT 20022025I think I am taking double position on selling JPY...
Whatever.
Doesn't matter what happens since in the end everytime, over the long run, I end up being a loser.
So, just let it be.
1632SGT 20022025
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
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WISH YOU ALL LUCK
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
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!"
CAD-JPY Potential Long! Buy!
Hello,Traders!
CAD-JPY keeps falling
Down and the pair is locally
Oversold so after the price
Hits a horizontal support
Level below at 104.850
We will be expecting a
Local bullish rebound
Buy!
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