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CADJPY

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
USDCHF Bullish Flag: Breakout Targeting 0.94000USDCHF is currently trading at 0.90200, with a bullish flag pattern forming, signaling a potential breakout toward the 0.94000 target. The bullish flag is a continuation pattern that typically follows a strong upward move, followed by a period of consolidation before the next leg higher. If the price successfully breaks above the flag’s upper trendline, it could trigger a bullish wave, pushing USDCHF toward its next resistance levels. From a technical perspective, the flag’s consolidation phase suggests temporary indecision in the market. However, as long as the price remains above key support levels and breaks out with strong volume, the bullish momentum is likely to continue. A confirmed breakout above the resistance could provide an entry opportunity for traders aiming for the 0.94000 target. Fundamentally, the US dollar remains supported by the Federal Reserve’s cautious stance on interest rate cuts. Recent economic data from the US, including inflation figures and labor market strength, have kept the dollar strong against the Swiss franc. Meanwhile, the Swiss National Bank (SNB) maintains a relatively dovish stance, which could further weaken CHF and support the bullish case for USDCHF. In summary, USDCHF is forming a bullish flag pattern, awaiting a breakout for further upside movement. A strong breakout above the resistance level could trigger a rally toward 0.94000, supported by both technical and fundamental factors. Traders should closely monitor price action and key economic events to confirm the bullish continuation.
Long
by AndrewsMarket-Mastery
Bearish drop?CAD/JPY is reacting off the pivot and could drop to he 1st support. Pivot: 107.28 1st Support: 106.21 1st Resistance: 108.28 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bearish drop?CAD/JPY is reacting off the pivot and could drop to the 1st support. Pivot: 107.28 1st Support: 106.21 1st Resistance: 108.28 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bullish bounce off 61.8% Fibonacci support?CAD/JPY is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 106.34 1st Support: 105.40 1st Resistance: 107.26 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Trendline Analysis and Rebound Potential in CAD/JPYThe displayed chart shows the CAD/JPY currency pair on a weekly timeframe with a Heikin Ashi chart. In this analysis, there is a strong upward trendline that has been in place since 2021, currently acting as a dynamic support area. The price is now around the 106.000 level, which is also an important horizontal support zone. From a technical perspective, the price shows potential to rebound from this support area and continue its upward trend. Identify the main trend—the uptrend remains dominant as the price continues to form higher highs and higher lows overall. Observe the current price structure, where the price is testing a support area reinforced by the ascending trendline. The potential entry area is at the 106.000 level. The upside target is identified around 118.000, based on the nearest resistance visible on the chart. If the price shows bullish confirmation, such as a reversal candle or increasing volume, the opportunity for a buy entry becomes stronger. However, if the price breaks below the ascending trendline support, a bearish scenario may emerge and should be anticipated.
Long
by DNP-FX
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.
Long
by financialflagship
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 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
CAD/JPY "Canadian vs Japanese" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the CAD/JPY "Canadian vs Japanese" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉 Entry 📉 : Traders & Thieves with New Entry A bull trade can be initiated at any price level. however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest. Stop Loss 🛑: Using the 2h period, the recent / nearest high level Goal 🎯: 105.500 (OR) Before escape in the market Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Fundamental Outlook 📰🗞️ Based on the factors mentioned, we anticipate the CAD/JPY currency pair to exhibit a BEARISH direction 🔴Macroeconomic Factors 1. Interest Rate Divergence: The Bank of Canada's (BoC) and the Bank of Japan's (BoJ) monetary policy decisions, including interest rate changes and quantitative easing. 2. Global Economic Trends: The impact of global economic growth, trade tensions, and geopolitical events on both Canada and Japan. 3. Commodity Prices: Fluctuations in crude oil, natural gas, and other commodity prices, which can affect Canada's export-driven economy. 🟢Fundamental Factors 1. Trade Balance: Canada's trade balance with Japan, including exports and imports of goods and services. 2. Inflation Rates: Differences in inflation rates between Canada and Japan, which can influence exchange rates. 3. GDP Growth: The relative strength of Canada's and Japan's economies, as measured by GDP growth rates. 🟣Sentimental Factors 1. Market Sentiment: Overall market sentiment towards the CAD/JPY pair, including positioning and sentiment indicators. 2. Trader Positioning: The ratio of long to short positions held by traders, which can indicate market sentiment. 3. Technical Analysis: Chart patterns, trends, and technical indicators that can influence trader decisions. Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 🚨Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 🚨Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Short
by The-Thief