logo

FX.co ★ Analytics CADJPY | Canadian Dollar (CAD) to Japanese Yen (JPY) Rate in the Forex market

Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold

Next week is expected to see movement in the euro's price within a sideways range, bounded by calculated reversal zones. At the beginning of the week, there is a high...
iconRelevance until2024-04-12
Analytical expert: Isabel Clark
2024-04-08

Trading Signals for EUR/USD on February 16-21, 2024: sell below 1.0790 (200 EMA - 1/8 Murray)

If the Euro trades below 1.0770 in the next few hours, we expect it to resume its bearish cycle and it could reach 1.0740 and even a key area...
iconRelevance until2024-03-01
Analytical expert: Dimitrios Zappas
2024-02-16

Trading Signals for EUR/USD on February 15-17, 2024: buy above 1.0715 (0/8 Murray - 21 SMA)

Our outlook could be positive for the euro if it breaks sharply above the SMA 21 in the next few hours. Then, EUR/USD could reach 1/8 Murray located at 1.0803...
iconRelevance until2024-02-20
Analytical expert: Dimitrios Zappas
2024-02-15

Trading Signals for GBP/USD on February 14-16, 2024: buy above 1.2512 (1/8 Murray - symmetrical triangle)

The British pound is trading around 1.2546 after a sharp decline from the 4/8 Murray zone towards the psychological level of 1.25. The GBP/USD pair is moving within a symmetrical...
iconRelevance until2024-02-19
Analytical expert: Dimitrios Zappas
2024-02-14

Trading Signals for ETH/USD on February 12-14, 2024: buy above $2,500 (21 SMA - 4/8 Murray)

Ethereum is trading around 2,486.33, below the 4/8 Murray which represents the psychological level of $2,500 and is located below the 21 SMA ,and within an uptrend channel formed since...
iconRelevance until2024-02-17
Analytical expert: Dimitrios Zappas
2024-02-12

Trading Signals for GOLD (XAU/USD) on February 8-10, 2024: buy in case of rebound at $2,020 (21 SMA - rebound)

If gold continues to fall in the next hours, we should wait for the 2,020 area to buy only in case the metal trades above this zone. Then, we anticipate...
iconRelevance until2024-02-13
Analytical expert: Dimitrios Zappas
2024-02-08

Trading Signals for GBP/USD on February 7-9, 2024: buy above 1.26 or 1.2570 (21 SMA - 7/8 Murray)

Our strategy for the next few hours will be to buy the British pound above 1.2573 with targets at 1.2664 and 1.2705. The eagle indicator is giving a positive signal...
iconRelevance until2024-02-12
Analytical expert: Dimitrios Zappas
2024-02-07

Trading Signals for EUR/USD on February 6-8, 2024: buy above 1.0720 (0/8 Murray - rebounds)

The euro left a GAP at about 1.0786 that needs to be covered. EUR/USD is likely to return to this level in the coming days which could be seen...
iconRelevance until2024-02-11
Analytical expert: Dimitrios Zappas
2024-02-06

Trading Signals for GOLD (XAU/USD) on February 6-8, 2024: sell below $2,030 (5/8 Murray - 200 EMA)

Technically, gold is under strong bearish pressure. So, any technical bounce as long as it trades below 2,040 will be seen as a signal to sell. The metal is likely...
iconRelevance until2024-02-11
Analytical expert: Dimitrios Zappas
2024-02-06

Trading Signals for BITCOIN (BTC/USD) on February 2-6, 2024: buy above $42,200 (21 SMA - 200 EMA)

The eagle indicator is approaching overbought levels. If Bitcoin fails to break and consolidate above the key area of 4/8 Murray located at $43,750, it could be seen...
iconRelevance until2024-02-07
Analytical expert: Dimitrios Zappas
2024-02-02