CAD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	CADJPY
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CAD/JPY - 1H - Technical analysis published on 07/02/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

83%

11%

My opinion

Bullish above 105.23 JPY

My targets

106.19 JPY (+0.61)

106.71 JPY (+1.13)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on CAD/JPY. This is a positive signal for buyers. As long as the price remains above 105.23 JPY, a purchase could be considered. The first bullish objective is located at 106.19 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 106.71 JPY as an objective. Crossing it would then enable buyers to target 107.34 JPY. In the event of a return below 105.23 JPY, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by minhphuc429. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

CAD/JPY rating 105.58 JPY. The price registered an increase of +0.46% on the session and was between 105.09 JPY and 105.67 JPY. This implies that the price is at +0.47% from its lowest and at -0.09% from its highest.

105.09

105.67

105.58

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of CAD/JPY indicates that the overall trend is bullish. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, 15 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	104.53	105.03	105.23	105.58	106.19	106.71	107.34
Change (%)	-0.99%	-0.52%	-0.33%	-	+0.58%	+1.07%	+1.67%
Change	-1.05	-0.55	-0.35	-	+0.61	+1.13	+1.76
Level	Minor	Intermediate	Intermediate	-	Major	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	103.79	104.32	104.71	105.24	105.63	106.16	106.55
Camarilla	104.85	104.93	105.02	105.10	105.18	105.27	105.35
Woodie	103.72	104.29	104.64	105.21	105.56	106.13	106.48
Fibonacci	104.32	104.67	104.89	105.24	105.59	105.81	106.16

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.38	103.70	104.69	106.01	107.00	108.32	109.31
Camarilla	105.04	105.25	105.46	105.67	105.88	106.09	106.31
Woodie	102.21	103.62	104.52	105.93	106.83	108.24	109.14
Fibonacci	103.70	104.59	105.13	106.01	106.90	107.44	108.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	100.41	102.12	103.91	105.62	107.41	109.12	110.91
Camarilla	104.73	105.05	105.37	105.69	106.01	106.33	106.65
Woodie	100.44	102.14	103.94	105.64	107.44	109.14	110.94
Fibonacci	102.12	103.46	104.29	105.62	106.96	107.79	109.12

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	59.19
MACD (12,26,9):	0.0500
Directional Movement:	16.18
AROON (14):	71.42
DEMA (21):	105.38
Parabolic SAR (0,02-0,02-0,2):	105.35
Elder Ray (13):	0.12
Super Trend (3,10):	105.12
Zig ZAG (10):	105.52
VORTEX (21):	1.1900
Stochastique (14,3,5):	79.10
TEMA (21):	105.49
Williams %R (14):	-22.03
Chande Momentum Oscillator (20):	0.44
Repulse (5,40,3):	0.1000
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.54

MA7:	105.62
MA20:	105.79
MA50:	104.86
MA100:	104.46
MAexp7:	105.47
MAexp20:	105.35
MAexp50:	105.39
MAexp100:	105.52
Price / MA7:	-0.04%
Price / MA20:	-0.20%
Price / MA50:	+0.69%
Price / MA100:	+1.07%
Price / MAexp7:	+0.11%
Price / MAexp20:	+0.23%
Price / MAexp50:	+0.19%
Price / MAexp100:	+0.07%

Quotes : - Real time data - Forex

News

The latest news and videos published on CAD/JPY at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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