ภาพรวม CAD JPY

Cryptocurrency prices continued their sell-off during the weekend as investors continued focusing on multiple events. For example, there are worries about the rising bond yields in the United States. Just last week, the ten-year bond yields rose to a two-year high while the 2-year and the 10-year ro...

Technical analysis The CADJPY pair is at risk of further heavy losses as the Relative Strength Index indicator is issuing a strong sell signal. The daily time frame shows that the CADJPY pair could test towards the bottom a descending broadening wedge pattern, around the 86.00 support zone. What...

Technical analysis The CADJPY pair has formed negative price divergence on the Momentum indicator across the four-hour time frame during its recent recovery. The four time frame continues to shows that the CADJPY pair is trading inside a large broadening descending wedge pattern. Seller may be pr...

Technical analysis The CADJPY pair has remained above its trend defining 200-day moving average and the RSI indicator is recovering from oversold conditions. The daily time frame shows that the CADJPY pair has moved back inside a large broadening descending wedge pattern. These patterns are typic...

Technical analysis The MACD indicator is bearish, with the MACD histogram and signal line both trending lower on the daily time frame. The CADJPY pair has broken under a descending broadening wedge pattern. Further heavy selling is likely as wedge pattern breakout usually increase technical selli...

The Canadian dollar remains under technical pressure against the Japanese yen ahead of today’s Bank of Canada interest rate decision. The daily time frame shows that a large head and shoulders pattern is still in play and has yet to reach its full downside target. According to the overall size of th...

Data watch During the upcoming week traders and investors look to key interest rate decisions from the Bank of Canada, Bank of Japan and the Reserve Bank of New Zealand and also the CPI inflation report from the United States economy. US CPI is not predicted to be as high as last month, while the Ba...

The Canadian dollar is still on the slide lower against the Japanese yen as the pair falls to levels not seen since late April this year. A bearish head and shoulders pattern has been activated and is currently suggesting further heavy losses in the short-term. According to the overall size of the b...

The Canadian dollar has bounced back sharply against the Japanese yen after the pair found strong dip-buying interest around the 88.90 level. The four-hour time frame shows that the CADJPY pair is approaching the top of a large descending broadening wedge pattern, around the 90.00 level. If bulls ca...

The Canadian dollar is slipping lower against the Japanese yen as the pair falls alongside other major currencies against the yen in early-week trade. Sellers need to be carefull as the CADJPY pair could be setting up a bear trap before it reverses back towards the 91.00 level. Traders that are bull...

The Canadian currency is attempting to move higher against the Japanese yen after last weeks major price drop under the 88.00 level. The four-hour time frame shows that a massive inverted head and shoulders pattern will form if the price reaches the 91.15 level. Traders that are bullish towards the ...

Technical analysis The price is beneath MA(50) The wide-open Bollinger Bands predict high volatility and point to a downtrend  The RSI is below 50, also indicating a downtrend. What the possible outcomes are CADJPY fell to 89.033. The pair is bearish in the midterm. In the most likely scenario...