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CADJPY – weakening of the Japanese yen after Kuroda speech

On Monday morning Haruhiko Kuroda (BOJ governor) had a public speech. He said that BOJ will add stimulus without hesitation if needed, to achieved...

CADJPY – highest since December 2015

Applause for the bulls on CADJPY. Yesterday demand broke resistance at 86.20 level which was stopping upward movement for entire March. Even bigger success...

CADJPY – declines after BOJ meeting

On Tuesday there was a meeting of the Japanese central bank. BOJ didn't change anything - left interest rates and QE at current levels....

CAD/JPY – supply on the upper band of the channel

The currency pair CAD/JPY moves from the last week in the channel trend. The last summit was set up around the resistance at 83.50. Yesterday,...

CAD/JPY – again attack on the local high?

Looking at the pair of CADJPY seems that will today grow, which shows a candle demand on the daily chart. In turn on H4...

CADJPY – V bottom pattern

Since the beginning of January CADJPY declined until January 20 when PIN BAR candle with a very long shadow occurred just above support at...

CADJPY – closer to stronger support zone

Analysis from December 17 was very profitable. However declines without any correction reached much lower than I expected (black symbols at H4 chart). I...

CADJPY – breakout of support confirmed by a re-test

In previous analysis from December 8 entitled "on its way to support at 88.90" I wrote that after breaking 90.70 level, falls will test...

CADJPY – on its way to support at 88.90

Today CADJPY broke below support at 90.70 level. Currently declines stopped at weak support at 90.10 and we should see a return movement attempts....

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