Ichimoku Analysis (4-hour chart)
Tenken-Sen- 80.28
Kijun-Sen- 80.24
CADJPY is trading higher and holding well above 80 levels on a strong Canadian dollar. The upbeat market sentiment and jump in crude oil prices are supporting the Canadian dollar. The COVID-19 vaccine optimism has increased the hopes of demand for crude oil. USDJPY has shown a minor recovery, significant trend reversal only above 104.75. The overall trend of CADJPY is bullish as long as support 80 holds.
On the lower side, near term support is around 80 and any violation below will take the pair till 79.69/79.25/78.82.
The significant resistance is at 80.65, any indicative break above that level targets 81/81.50. Major trend reversal only above 82.
It is good to buy on dips around 80.15-20 with SL around 79.69 for the TP of 81.49.


NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Major European Indices
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: GBP/USD bulls remain cautiously optimistic
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: USD/ZAR edges lower ,investors remain on edge
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/AUD gains some upside momentum but still bearish
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 



