Get started

Canadian Dollar / Japanese Yen

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

CADJPY trade ideas

CADJPY 4H Short Setup📘 Educational Caption for Your Trading Chat 🟥 CADJPY 4H Short Setup (Smart Money Strategy) I'm currently short on CADJPY from 105.039 after price tapped into a refined supply zone and rejected aggressively, aligning with Smart Money Concepts (SMC) structure. 📉 Entry: 105.039 🎯 Target: 103.258 🛡️ Stop Loss: 105.642 ⚖️ Risk-Reward: ~1:2.9 — decent asymmetric opportunity This trade follows a recent Break of Structure (BOS) and a return to a premium supply area. The market showed signs of distribution before entry, increasing the probability of continuation downward. 🔔 Note: Smart entries rely on refined zones, not impulsive moves. Wait for confirmation, and let the market come to you. ⚠️ Disclaimer: Shared for educational purposes only. Always perform your own analysis and manage risk appropriately.
by sksglobaltraders24on
CADJPY UpdateAs anticipated, price has rejected the horizontal level and is now pulling back into a key demand zone on the H1–H4 timeframe. I’m watching this area closely for bullish confirmation to take a long position toward the upper target zone. If bullish price action does not appear and bearish momentum continues, we could see an extended move down toward the weekly 100.00 level. That said, I currently favor the upside scenario, with the expectation that the highlighted upper zone will be met — but only if the market confirms. This setup is still theoretical. Patience is key — we trade based on confirmation, not assumption. Stay tuned for updates.
Long
by SKA_CAPITAL
1
CADJPY LongPrice recently broke structure to the upside (BoS), confirming a bullish shift in momentum after forming a double bottom around the 101.50–102.00 region. Currently, price is consolidating beneath the 104.90–105.00 resistance area, with a clear lower timeframe supply zone just above. If bulls sustain pressure, we could see a short-term rally toward the 106.00 zone, where the next supply awaits. However, the key level to watch is 107.600, aligning with a major Daily Timeframe Supply Zone. This zone may act as a strong reversal point or profit-taking area for swing traders.
Long
by SKA_CAPITAL
CadJpy Trade IdeaCJ at one point broke bullish structures before trying to go back bullish. Once price tried to push back above the HL it crashed back down telling us we could potentially still see the original break of structure play out. I waited for price to retest the break below the HL in order to confirm our overall direction back to the downside. I'll be waiting for price to retest a level of support turning it into resistance while sweeping the liquidity just below the level of retest. We'll see what happens.
Short
by OfficialJ23
CADJPY My Opinion! BUY! My dear friends, Please, find my technical outlook for CADJPY below: The price is coiling around a solid key level - 104.32 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 104.57 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
CAD/JPY BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! We are going short on the CAD/JPY with the target of 102.555 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
CADJPY BULLISH OR BEARISH DETAILED ANALYSISCADJPY has successfully broken out of a well-defined falling wedge pattern, confirming a bullish reversal setup on the daily timeframe. Price action has not only cleared the descending trendline but has also completed a clean retest of the breakout zone near 104.000–104.500. This retest held firmly, showing strong buyer interest, and the pair is now poised for a continuation toward the next key resistance level around 110.000. The technical structure is now favoring bulls, with momentum shifting upward after a prolonged corrective phase. Fundamentally, the Canadian dollar is gaining strength supported by rising crude oil prices and stronger-than-expected economic data from Canada. The Bank of Canada’s recent tone remains relatively hawkish compared to other central banks, which adds further support to CAD. Meanwhile, the Japanese yen continues to remain under pressure due to the Bank of Japan's ultra-loose monetary policy stance. With Japan’s inflation struggling to sustain above target, the BOJ is showing no urgency to tighten, which keeps JPY weak against higher-yielding currencies like CAD. The breakout from the falling wedge is also being supported by volume and bullish daily candles, suggesting a solid shift in market sentiment. The pair has formed a higher low and higher high, officially transitioning into a bullish structure. With the retest of the breakout structure now complete, there’s a high probability for continuation toward 108.000 initially and a full extension to 110.000 in the coming weeks. Traders should closely monitor any dips as potential buying opportunities as long as CADJPY holds above 103.500–104.000 support. The reward-to-risk ratio remains favorable for swing traders aiming for medium-term targets. With strong technical confirmation, supportive fundamentals, and risk appetite returning to markets, CADJPY is setting up for a potentially profitable bullish wave.
Long
by AndrewsMarket-Mastery
CADJPY SELL IDEA-The daily chart is showing a Head and shoulders pattern, with the right shoulder complete, as indicated by the last daily close. - H4 is also showing a Head and Shoulders Pattern with the right shoulder complete. Additionally, Price reached a major supply zone (Circled areas) and fell, forming a head pattern and a lower high. - Price has formed a lower high and lower low on H1, and the last candle's close was an inverse bearish pin bar. Risk - 40 pips Reward - 159 pips
by Mrwarm_
2
CAD/JPY Bank Heist: Bullish Breakout (or) Bearish Trap?🌟 Hi! Hola! Ola! Bonjour! Hallo! Marhaba! 🌟 Dear Money Makers & Market Robbers, 🤑💰💸✈️ Based on the 🔥Thief Trading Style🔥, here’s our master plan to loot the CAD/JPY "Loonie-Yen" Forex Bank Heist! Follow the strategy on the chart—Long Entry is the play. Our escape? Near the high-risk Danger Resistance Zone. It’s a risky level—overbought, consolidating, potential reversal—where bearish robbers lurk. 🏆💸 Take profits fast, traders! You earned it! 💪🎉 📈 Entry: The Heist Begins! Wait for the breakout above 105.700—then strike! Bullish profits await. Buy Stop Orders above Moving Average OR Buy Limit Orders (15-30min timeframe) near swing lows/highs for pullback entries. 📌 Set an ALERT! Don’t miss the breakout. 🛑 Stop Loss: Protect Your Loot! 🔊 Yo, listen up! 🗣️ Buy Stop Orders? Don’t set SL until after breakout. Place SL at nearest/swing low (4H timeframe)—adjust based on your risk & lot size. Rebels, set SL wherever… but don’t cry later! 🔥⚡ 🎯 Target: 107.300 Scalpers: Only go LONG. Use trailing SL to lock in gains. Swing Traders: Ride the wave or join late—robbery is teamwork! 🤝 💥 Why CAD/JPY? Bullish Momentum! Fundamentals, COT Reports, Sentiment, Intermarket Trends—checkk our bio for full analysis. 🔗🔗🔗 ⚠️ Trading Alert: News = Danger! Avoid new trades during news. Use trailing stops to protect profits. 💖 Support the Heist! Hit the BOOST Button! More boosts = More robberies = More profits! 💰🚀 Stay tuned—next heist coming soon! �‍🤗🎉
Long
by Thief_Trader