CADJPY Bullish

Analysis Price: 105.53 (Updated: 1 October 2025, 16:12 UTC)

Comprehensive analysis for CADJPY showing a predominantly bullish bias with 67% bullish consensus based on combined analytical factors. Market structure, technical patterns, and key levels examined across multiple timeframes.

Select Currency Pair

Signal Overview

Bullish High Confidence Medium Risk

Market Consensus:

67% Long

33% Short

Valid Timeframes:

M15 H1 H4 D1

Signal Analysis:

The analysis indicates a high confidence bullish bias for CADJPY (signal strength: 34%). Supporting factors include: Retail sentiment is 74% bullish; CAD is showing relative strength against JPY (diff: 30%). Risk assessment for this trade is medium. This signal is most valid on the M15, H1, H4, D1 timeframes.

Sentiment Analysis

LONG SHORT

74% 26%

Historical Sentiment (7 Days)

Sentiment Interpretation

Bullish sentiment with 74% of traders holding long positions. The market has a positive bias, but watch for signs of exhaustion if this percentage increases further.

Support & Resistance Analysis

Resistance Levels

R1: 107.57 1.93% ↑

Analysis Price: 105.53

Support Levels

S1: 105.26 0.25% ↓

Market Regime:

Downtrend

Analyst Bias:

Unknown

Direction Probability:

70%

Price Position Analysis

Price is currently near support at 105.26 (0.25% below analysis price) with resistance at 107.57 (1.93% above). This position near support could present a potential buying opportunity with a favorable risk-reward ratio.

Chart Pattern Analysis

91%

Rectangle

Reliability:

91%

Detected: Oct 1, 10:46

84%

Rectangle

Reliability:

84%

Detected: Oct 1, 16:56

56%

Cup and Handle

Reliability:

56%

Detected: Sep 30, 22:08

Pattern Analysis Interpretation

Predominantly neutral patterns detected, suggesting a potential consolidation phase. The most reliable pattern is a neutral Rectangle on the H1 timeframe with 91% historical reliability. Multiple timeframes showing pattern confirmation increases the reliability of the signal.

High Probability Zones

Resistance Zone

95%

Zone Level:

107.00

analysis price:

105.53

Distance:

1.46%

Confluence Factors:

Bearish Engulfing 24% Retracement Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

Resistance Zone

87%

Zone Level:

108.00

analysis price:

105.53

Distance:

2.41%

Confluence Factors:

Bearish Engulfing 38.2% Retracement Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

High Probability Zones Interpretation

Price is approaching a high probability (95%) resistance zone at 107.00, currently 1.46% away. Consider preparing a sell strategy as price approaches this level, watching for confirmation signals.

Multiple high probability zones exist for this pair, indicating a well-structured technical environment with clear levels for trading decisions.

Volatility Analysis

Select Timeframe:

Daily Range (pips):

0.2

Volatility Regime:

High

Volatility Level:

86%

10-Day ATR Trend

Volatility Interpretation (H1)

CADJPY is experiencing high volatility (86 percentile) with an expected daily range of 0.2 pips. This above-average movement creates trading opportunities but requires careful risk management. Consider slightly wider stop losses and moderate position sizing.

Correlation Analysis

Top Correlations with CADJPY

USDJPY

0.79

EURJPY

0.79

GBPJPY

0.78

AUDJPY

0.77

NZDJPY

0.77

Correlation Interpretation

Understanding how CADJPY correlates with other pairs can help with portfolio diversification and risk management. Strong positive correlations (above 0.7) indicate pairs that move similarly, while strong negative correlations (below -0.7) show pairs that typically move in opposite directions.

CADJPY shows strong positive correlation with: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY. This means these pairs tend to move in the same direction. Trading in the same direction on multiple correlated pairs increases portfolio risk, while finding divergences between correlated pairs can highlight potential reversal opportunities.

Currency Strength Analysis

Select Timeframe:

CAD

0.33

Strong

JPY

0.93

Very-strong

Relative Strength:

-0.60

Bearish Bias

Currency Strength Interpretation (M15)

JPY is significantly stronger than CAD on the M15 timeframe, with a relative strength of -0.60. This suggests a strong bearish bias for CADJPY. However, this bias is primarily driven by the strength of JPY.

How to Use This Analysis

This comprehensive analysis provides multiple perspectives on CADJPY to help inform your trading decisions:

Sentiment Analysis: Use to understand market positioning and potential contrarian opportunities
Support & Resistance: Identify key price levels for setting stop losses and take profits
Pattern Analysis: Recognize technical formations that may indicate continuation or reversal
Volatility Analysis: Adjust position sizing and risk management based on current market conditions
Currency Strength: Compare the relative performance of individual currencies within the pair
Correlation Analysis: Understand how this pair moves in relation to others for portfolio diversification

For optimal results, consider how these different factors align. The strongest trading opportunities typically occur when multiple analytical tools show confirmation across different timeframes.