CADJPY Long Side High Risk - Reward SetupThe long-side position can be favourable if the price is manipulated toward the mentioned Fair Value Gap.
Sell Swing Trading Strategy for CADJPY [4h]The 4-hour CADJPY chart shows a downward trend with the current price hovering around the strong support level near 108.08, below the 33-week EMA. This presents an opportunity to implement a sell (short) strategy based on technical analysis.
1. Technical Analysis Overview:
Trend: CADJPY is in a corr
CADJPY View!!In its monthly report for August released Thursday by the Cabinet Office, the government said the economy is “recovering at a moderate pace, although there are some areas where it is pausing.” Last month, it said the economy was “recovering at a moderate pace, although it appears to be pausing.”
In
CADJPY view!!The Japanese owner of 7-Eleven has been approached with what would be the largest-ever takeover of a Japanese company. The deal speaks to foreign companies seeking to exploit the depressed yen.
In this case, the suitor is Canadian company Couche-Tard, the owner of Circle K convenience stores. The t
CADJPY View!The risk around Friday's US non-farm payrolls number is to the downside and sales of
CADJPY
are likely to be the most interesting and more rewarding trades in this scenario, according to Spectra Markets' Brent Donnelly.
"I don't think there is a major skew to FX or bond positioning going into NF
CADJPY View!The risk around Friday's US non-farm payrolls number is to the downside and sales of
CADJPY
are likely to be the most interesting and more rewarding trades in this scenario, according to Spectra Markets' Brent Donnelly.
"I don't think there is a major skew to FX or bond positioning going into NF
CADJPY View!
27.58% of traders are net-long
Short-to-long ratio: 2.63 to 1
Net-long positions: +1.63% daily, +21.43% weekly
Net-short positions: +1.45% daily, -13.25% weekly
While the contrarian view suggests continued GBP/JPY price increases due to net-short positioning, recent sentiment changes warrant cautio
USD/JPY, CAD/JPY Sales the Best US Payrolls Trades, Says SpectraAs JPY economy still in recession! Market value all the JPY Yen Dilute!
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of CADJPY_LMAX is 109.211 JPY — it has decreased by −0.48% in the past 24 hours. See more of CADJPY_LMAX rate dynamics on the detailed chart.
The value of the CADJPY_LMAX pair is quoted as 1 CAD per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADJPY_LMAX has the volatility rating of 0.17%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADJPY_LMAX showed a −0.64% fall over the past week, the month change is a 2.19% rise, and over the last year it has increased by 1.81%. Track live rate changes on the CADJPY_LMAX chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADJPY_LMAX is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADJPY_LMAX right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADJPY_LMAX technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADJPY_LMAX shows the buy signal, and 1 month rating is buy. See more of CADJPY_LMAX technicals for a more comprehensive analysis.