Tag Archives: CAD/JPY

Currency Trading Signals CAD Strength 1-21-2016

Today in currency trading the CAD (Canadian Dollar) was strong, and this drove substantial movement in this group of pairs. The live trading signals from The Forex Heatmap® are shown below. The CAD/CHF and CAD/JPY moved much higher, these pairs have trend support from the H4 time frame, but the larger trends are still pointing down, so we would scale out lots and manage profit on any buy trades. These two pairs should continue higher at least one more day. The EUR/CAD also sold off, this pair also has H4 trend support, but the overall longer term trend is up, so once again scale out lots as it continues lower. The trading signals from The Forex Heatmap® are shown below, this signal system provides live signals for 28 currency pairs. It is a powerful live trade entry management tool based on parallel and inverse analysis and individual currency strength.

Currency Trading Signals CAD Strength 1-21-2016

Currency Trading Signals CAD Strength 1-21-2016

Canadian Dollar Weakness and Trades 12-17-2015

Today in the forex market the Canadian Dollar (CAD) was weak across the board, driving movement and trading opportunities on all pairs in the group. These pairs are also trending on CAD weakness, which is dominating movement in the forex market now. The USD/CAD rose and this pair is in a strong uptrend, it should continue much higher. The CAD/JPY also dropped, this pair has almost broken the 87.80 support area to the downside, with plenty of pip potential below there. We will look to continue to plan more trades on these pairs in the direction of their trends. The live signals you see below are from The Forex Heatmap®, which provides live signals for 28 pairs, including the Canadian Dollar pairs.

Canadian Dollar Weakness and Trades 12-17-2015

Canadian Dollar Weakness and Trades 12-17-2015

Forex Trend Charts CAD/JPY 4-15-2015

The CAD/JPY is building a new uptrend, as shown on the chart below. The trend charts indicate that this pair has broken out of its trading range. The D1 time frame trend is now formed and the W1 time frame trend could also form. The CAD/JPY pair has a current resistance level and breakout point at 97.00, you can set a price alert here. When the alert hits check for buy entry verification using The Forex Heatmap®. This pair has a lot of upside pip potential to 104.00 or higher, which is around 700 pips, see the red lines on the chart. The trend chart you see below has some moving averages we provide to our clients, applied to multiple time frames.

Forex Trend Charts CAD/JPY 4-15-2015

Forex Trend Charts CAD/JPY 4-15-2015

Forex Trading Charts CAD/JPY 3-4-2015

The CAD/JPY chart on the D1 time frame is shown below. This pair is trending higher now. The current resistance level is about 96.50, set a price alert here. Above this price look for a buy signal on The Forex Heatmap®. It has excellent upside potential, possibly hundreds of pips, noted by the  yellow lines. The trading charts you see are the exponential moving averages that we use at Forexearlywarning, we provide these charts to our clients at no cost.

Forex Trading Charts CAD/JPY 3-4-2015

Forex Trading Charts CAD/JPY 3-4-2015

Forex Trades EUR/JPY Buy 10-23-2014

Today in forex trading the EUR/JPY  had a buy signal on The Forex Heatmap®. The Japanese Yen (JPY) was weak on all pairs, driving strong movement. There was also some minor Euro (EUR), Canadian Dollar (CAD) and Australian Dollar (AUD) strength in the market today. This drove the EUR/JPY, CAD/JPY and AUD/JPY higher. The CAD/JPY is forming a new up trend on the D1 time frame and should continue much higher. The EUR/JPY is at resistance at 137.00, and the  AUD/JPY should continue upward to the next resistance level at 95.50. The trades and signals you see below are from The Forex Heatmap®, which provides live buy and sell signals for 28 pairs including the JPY pairs.

Forex Trades EUR/JPY Buy 10-23-2014

Forex Trades EUR/JPY Buy 10-23-2014

GBP/JPY Sell Signal 10-2-2014

Today in forex trading the GBP/JPY had a sell signal on The Forex Heatmap®. The Japanese Yen (JPY) was strong on all pairs, generating some strong downward movement on these pairs. There was also some CAD and GBP weakness in the market. This drove the GBP/JPY and the CAD/JPY down. Both of these pairs are hitting some support levels, so we would consider scaling out lots or exiting these sells. Both pairs should reverse back up as soon as tomorrow and the overall trend on both pairs is up. Today’s down cycles were short term sells against the trend. The sell signals you see below are live buy and sell signals from The Forex Heatmap®. The heatmap gives live buy and sell signals for the JPY and GBP pairs as well as 6 other currency groups.

GBP/JPY Sell Signal 10-2-2014

GBP/JPY Sell Signal 10-2-2014

CHF/JPY Trade Signal 9-18-2014

Today in forex trading the CHF/JPY had a buy signal on The Forex Heatmap®. The Japanese Yen (JPY) was weak on all pairs, driving price movement and trading opportunities. There was also some CHF and CAD strength in the market today. This drove the CHF/JPY into the resistance area at 116.50. We would scale out lots or exit at this heavy resistance level. The CAD/JPY also moved higher and although the trend is still strong on this pair, it also has levels of resistance nearby just ahead of the current pricing. The trade signal system you see below for the JPY pairs is The Forex Heatmap®, it gives live signals on eight major currency groups and 28 pairs. It works on the principle of parallel and inverse analysis and currency strength.

CHF/JPY Trade Signal 9-18-2014

CHF/JPY Trade Signal 9-18-2014

Forex News Non-Farm Payrolls 7-3-2014

Today after the non-farm payrolls news, the CAD  (Canadian Dollar) strengthened on all pairs.The CAD/JPY continued upward in it’s current uptrend and has no resistance nearby, we would continue to hold this pair. The CAD/CHF broke through some resistance, the next resistance area on this pair is around 0.8500, we would scale out lots as it trends higher and approaches this next resistance point. The AUD/CAD also had a very strong downward movement based on the CAD strength. The indicator you see below is The Forex Heatmap®, it provides forex traders with easy to read buy and sell signals. The heatmap works well after any forex news driver like non-farm payrolls, to help traders detect more accurate forex trade entries. Non-farm payrolls can generate movement on many currencies, not just the US Dollar. It is not unusual for another currency group besides the US Dollar pairs to move after the non-farm payrolls news drivers.

Forex News Non-Farm Payrolls 7-3-2014

Forex News Non-Farm Payrolls 7-3-2014

Forex News Canadian Consumer Price Index 6-20-2014

Today in forex news the CAD (Canadian Dollar) Consumer Price Index (CPI) was announced. The CPI rose 2.3% in the 12 months to May, following a 2.0% increase in April. After the CPI news the CAD strengthened on all pairs. Pairs like the CAD/CHF and CAD/JPY moved higher, since both pairs are trending up they should continue higher next week. We will look to set more trading plans on both pairs next week. The live trading signals you see below indicating the CAD strength are from The Forex Heatmap®, which provides buy and sell signals for 28 pairs. This trading system works to provide forex traders with live trading signals after forex news drivers like Canadian CPI.

Forex News Canadian Consumer Price Index 6-20-2014

Forex News Canadian Consumer Price Index 6-20-2014

Forex Trend Indicators CAD/JPY 3-19-2014

The CAD/JPY is trending lower on the larger time frames. The image below shows the down trend on the W1 time frame for this pair. The trends of the market as a whole are showing quite a bit of Canadian Dollar (CAD) weakness, which is driving a lot of price movement. Below the current support levels, noted by the yellow line, this pair has excellent pip potential to continue much lower in the trend. The trend indicators used for the analysis are moving average trend indicators provided to our clients by Forexearlywarning.

Forex Trend Indicators CAD/JPY 3-19-2014

Forex Trend Indicators CAD/JPY 3-19-2014