CAD/JPY | Page 21 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

CAD/JPY

Similar Threads

Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

CAD/JPY Mouteki 1 reply

the massive eur/jpy decline threat!!! {cad/jpy} 5 replies

CAD export / USD/CAD price 3 replies

Attachments: CAD/JPY
Exit Attachments

CAD/JPY

  • #401
  • Jun 2, 2023 12:35pm Jun 2, 2023 12:35pm
I see a lot of strength in the CADJPY pair. The increasing oil prices, debt ceiling bill pass and dovish Japanese monetary policy there is potential 400 pips long term buy potential. The next resistance line is at 107.50 which provides a good 300 pips profit. However there maybe a pullback before the trend continuation.
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY_2023-06-02_15-34-09.png Size: 68 KB
  • #402
  • Jun 3, 2023 1:15pm Jun 3, 2023 1:15pm
A daily OB inside a weekly OB overlapping the lower end of a monthly OB.
I'll be interested to see what happens at these levels.
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY_SBDaily.png Size: 10 KB
  • #403
  • Jun 3, 2023 4:42pm Jun 3, 2023 4:42pm
Quoting 1 in 1 out
A daily OB inside a weekly OB overlapping the lower end of a monthly OB. I'll be interested to see what happens at these levels. {image}
Is it such a mystery though? Look at all the other JPY pairs.

This due to the Interest Rate Differentials.

Plus, the Oil price strengthens the CAD.

Attached Image (click to enlarge)
Click to Enlarge Name: 2023-06-04_9-39-02.jpg Size: 251 KB
It takes a lot for me to IGNORE you, but you can try.
  • #404
  • Jun 4, 2023 9:00pm Jun 4, 2023 9:00pm
Quoting Erebus
{quote} Is it such a mystery though? Look at all the other JPY pairs. This due to the Interest Rate Differentials. Plus, the Oil price strengthens the CAD. {image}

what’s the mystery???
  • #405
  • Jun 5, 2023 4:29am Jun 5, 2023 4:29am
Quoting ninner
{quote} what’s the mystery???
Pay attention -

He said "I'll be interested to see what happens at these levels."

And I advised to check the other pairs, JPY is weak, so they are all going UP

No mystery to me!

It takes a lot for me to IGNORE you, but you can try.
  • #406
  • Jun 5, 2023 8:44pm Jun 5, 2023 8:44pm
Quoting Erebus
{quote} Pay attention - He said "I'll be interested to see what happens at these levels." And I advised to check the other pairs, JPY is weak, so they are all going UP No mystery to me!
EXCEPT the eurjpy is looking like a big sell to me....big tops take time to work out....but patience comes with big rewards...REMEMBER THAT!!!
  • #407
  • Jun 30, 2023 9:27pm Jun 30, 2023 9:27pm
Quoting ninner
{quote} EXCEPT the eurjpy is looking like a big sell to me....big tops take time to work out....but patience comes with big rewards...REMEMBER THAT!!!
108.40 to 108 is looking like an area of interest to me!!!!
  • #408
  • Jul 13, 2023 4:30am Jul 13, 2023 4:30am
CADJPY Daily has hit support at 104.79 which is in between the .236 & .382 Fib. I expect PA will continue to climb to the 105.56-105.93 area before possibly reversing. I suspect the US Core and Unemployment reports this am may not paint a rosy picture with PA continuing the downward motion. I plan on standing aside until report time and looking for opportunities once all reporting has been done. I have played the part of a fool more than once and have paid for it. Wishing all profitable trading.
  • #409
  • Jul 25, 2023 11:49pm Jul 25, 2023 11:49pm
CAD/JPY (4H): the price may soon break the local support and continue the overall downtrend.
0.618 Fib correction has been completed.
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY_H4.png Size: 37 KB
  • #410
  • Jul 26, 2023 4:23am Jul 26, 2023 4:23am
Looking for those last few pips down before FOMC...

Attached Image (click to enlarge)
Click to Enlarge Name: 2023-07-26_21-15-56.jpg Size: 512 KB
It takes a lot for me to IGNORE you, but you can try.
  • #411
  • Aug 8, 2023 7:27am Aug 8, 2023 7:27am
CAD/JPY (4H): the price forms lower highs at the trend line.
After breaking through the local support, we may see a downward movement
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY_H4.png Size: 40 KB
  • #412
  • Aug 8, 2023 1:31pm Aug 8, 2023 1:31pm
Quoting trade.pro
CAD/JPY (4H): the price forms lower highs at the trend line. After breaking through the local support, we may see a downward movement {image}
Some down and bounce, due to CAD news maybe, still stuck in last week's range. Your 4-H resistance was 50% level weekly

Attached Image (click to enlarge)
Click to Enlarge Name: 2023-08-09_6-28-13.jpg Size: 226 KB
It takes a lot for me to IGNORE you, but you can try.
  • #413
  • Feb 7, 2024 10:46pm Feb 7, 2024 10:46pm
Sell Cad / jpy Harmonic Shark triggered type 1 on the hourly

tp 109.90
  • #414
  • Mar 18, 2024 11:56am Mar 18, 2024 11:56am
Buy cad/jpy now and take profit at 110.553
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 31 KB
  • #415
  • Mar 21, 2024 12:35am Mar 21, 2024 12:35am
Quoting Sandy1994
Buy cad/jpy now and take profit at 110.553 {image}
Nice one. Could have taken more though lol. What were some of you entry criteria? Pin bar in consolidation?
  • #416
  • Mar 21, 2024 12:46am Mar 21, 2024 12:46am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_8227.png Size: 62 KB


fundamentals dont make sense, but there could be a lag….We are in new highs territory so figured should go long. But if we smack down hard and close below last years high on the weekly I would say only then maybe the yen bear market is over.
  • #417
  • Mar 21, 2024 10:14am Mar 21, 2024 10:14am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_8242.jpeg Size: 121 KB
Looks like another breakout setup on the hourly.
  • #418
  • Mar 21, 2024 7:15pm Mar 21, 2024 7:15pm
Quoting pbylina
{quote} Nice one. Could have taken more though lol. What were some of you entry criteria? Pin bar in consolidation?
Price action along with following the trend. I am a trend trader with the breakage of consolidation periods.
  • #419
  • Mar 21, 2024 11:17pm Mar 21, 2024 11:17pm
Quoting pbylina
{image}Looks like another breakout setup on the hourly.
yep not surprised it failed. Looked too good. But im not out yet incazs this was a trick
  • #420
  • Apr 17, 2024 1:53am Apr 17, 2024 1:53am
Short 111.90
Target 105
POSTMASTER
0 traders viewing now