CAD-JPY Long From Support! Buy!
Hello,Traders!
CAD-JPY is about to hit
A horizontal support level
Around 101.420 so despite
The pair trading in a downtrend
We will be expecting a local
Bullish rebound after the
Retest of the support
Buy!
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JPYCAD trade ideas
CADJPY My Opinion! BUY!
My dear subscribers,
This is my opinion on the CADJPY next move:
The instrument tests an important psychological level 102.92
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 103.71
My Stop Loss - 102.57
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
CADJPY Wave Analysis – 17 April 2025
- CADJPY reversed from key support level 102.00
- Likely to rise to the resistance level 104.00
CADJPY currency pair recently reversed up from the key support level 102.00 (which has been reversing the price since August of 2024) standing close to the lower daily Bollinger Band.
The upward reversal from this support level is likely to form the weekly daily candlesticks reversal pattern Morning Star – a strong buy signal for CADJPY.
Given the strength of the support level 102.00, the CADJPY currency pair can be expected to rise to the next resistance level 104.00.
CAD/JPY – Bullish Reversal from Key Support (4H)CAD/JPY – Bullish Reversal from Key Support (4H)
CAD/JPY is showing signs of a potential **bullish reversal** after respecting a strong demand zone around 101.75 – 102.00. Price has bounced multiple times from this zone, suggesting buyers are stepping in.
A downtrend line was broken recently, and price is attempting to form a **higher low**. If this bullish momentum holds, we could see a move toward the next resistance near 103.85.
📈 Trade Setup:
- Entry: Around 102.30 – 102.40
- Stop Loss: Below 101.75 (beneath strong support)
- Take Profit: Targeting 103.85 zone
- Bias: Bullish (Reversal structure)
This setup is ideal for swing traders looking to capitalize on structure-based reversals from strong support areas.
CADJPY structures created, having bullish view
Coming again on OANDA:CADJPY , analysis before this one closed manually, now having batter situation and sharing new view based on price action and patterns.
Few times price is bounce on zone 102.450. Now we have BULLISH FLAG (better visible on 2,1H TF) and we have TRIANGL formation, tomorrow BAC rate cut and some pairs like EUR and GBP versus CAD looks like will go bearish.
View is here bullish for this week.
SUP zone: 102.400
RES zone: 104.250, 105.000
CADJPY - Buy with Target at 108This is a pretty good setup when taking everything into consideration. BOC on Wednesday likely to add additional strength to the Loonie from the tariffs. Earnings also adds more fire power towards this pair gaining in value along with Gold, looks like it wants to top off.
CADJPY possible Bullish My analysis for CADJPY expect that price will move down to take liquidity at Point A. Following this liquidity grab, I will be looking for confirmation signals of bullish momentum. If confirmed, the first profit target would be within the Fair Value Gap (FVG) at Point B, second profit target would be the liquidity level at Point C.
CADJPY Sellers In Panic! BUY!
My dear friends,
CADJPY looks like it will make a good move, and here are the details:
The market is trading on 103.54 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 104.58
Recommended Stop Loss - 102.96
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
CADJPY WILL BULLISH OR BEARISH ?? DETAILED ANALYSISCADJPY is currently forming a clear descending wedge pattern on the 12H chart, which historically signals a high-probability bullish reversal. The price has respected both the upper descending trendline and the lower support line with precision over the past few months, but the recent reaction near the wedge support is showing signs of buying interest. With the current price trading at 103.10, we are at a critical juncture where a breakout to the upside could initiate a strong momentum rally toward the 109.00 target.
Technically, this setup is supported by multiple touchpoints on both trendlines, suggesting a mature wedge structure ready to break. The risk-reward ratio is extremely favorable here, with clear invalidation below 100.90 and upside potential aligned with the upper structure of the broader consolidation zone. A confirmed breakout and candle close above the 104.00 resistance area would likely signal the start of a bullish impulse wave targeting 109.00 in the medium term.
On the fundamental side, CAD is supported by firm oil prices, which have remained elevated due to ongoing geopolitical risks and OPEC+ production cuts. Meanwhile, the JPY continues to weaken as the Bank of Japan remains firmly committed to ultra-loose monetary policy, even as inflation expectations globally stay elevated. This divergence in monetary policy between the BoC and BoJ is fueling carry trade flows, further boosting CADJPY's bullish outlook.
Looking ahead, any signs of risk-on sentiment in global markets, combined with resilient Canadian data, could act as a catalyst for the breakout. With the market positioning leaning heavily on JPY shorts and crude oil demand remaining strong, CADJPY is technically and fundamentally poised for a breakout rally. I'm watching the 104.00 zone closely—once cleared, I anticipate a swift move toward 109.00 with momentum on our side.
Could the price bounce from here?CAD/JPY is falling towards the pivot which is a pullback support and could bounce to the pullback resistance.
Pivot: 102.61
1st Support: 101.62
1st Resistance: 103.68
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CAD/JPY 4hir analysis my IdeaCAD/JPY is expected to go into a full bullish trend, and it's likely to continue upward. However, there is a possibility it may dip once more and form a new lower low (LL) before resuming the uptrend. Overall, the market remains bullish as long as it targets the range between 111.50 and 114.85.
CAD/JPY BEARS ARE STRONG HERE|SHORT
CAD/JPY SIGNAL
Trade Direction: short
Entry Level: 103.925
Target Level: 100.915
Stop Loss: 105.911
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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CAD/JPY New Entry Valid To Get More 250 Pips , Are You Ready ?After my first trade fully closed +250 Pips , Here is my opinion about CAD/JPY , We have a great daily closure and 4H Amazing Bullish Price Action , so we can enter when the price back to retest the broken down trend line , and targeting 250 pips .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADJPY: Bullish Setup Building — Fundamental AnalysisCADJPY is approaching a major support zone with a strong macro and seasonal backdrop favoring a bullish reversal.
Macro scores (LEI, endogenous) show consistent strength
Seasonality supports upside from late April into May
JPY is overbought per COT data
🔁 However, price structure remains bearish on 4H and Daily, so we are waiting for a confirmed CHoCH and HL before executing a swing long.
This idea is a "watch & prepare" setup — get ready to strike once structure flips.
CAD/JPY Can Close Above Res Or not ? Did You Enter With Me ?Here is my new opinion on CAD/JPY After amazing first entry , +200 Pips 0 Drawdown , as i mentioned in my first post , if we have a good closure above the down trendline then we can continue , if not , we can close it +200 Pips Now . Congratulations .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CAD/JPY At Interesting Supp , Long Setup Valid To Get 200 Pips !Here is my Analysis On CAD/JPY , I See that the price starting giving a good bullish Price Action , So we can enter a buy trade if the price back again to my support and give us any good bullish P.A , And we can put our target at high of down trend line , and if we have a closure above we can continue .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.