CAD/JPY gained above 109 on board-based Canadian dollar buying. It hits an intraday high of 110.07 and is currently trading around 109.94.
Technical Analysis
CAD/JPY is currently trading above the 34- and 55-EMA on the 4-hour chart. The immediate resistance is at 110.20; a breach above that level could shift targets to 110.50/111/111.52/112. On the lower side, near-term support is at 108.80,and a break below this support could lead to declines toward 108/107.
Indicator Trends
CCI (50)- Bullish
ADX (14)- Neutral
Trading Strategy Recommendation
It is good to buy on dips around 109.78-80 with a stop-loss at 109 for a target price of 112.


NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm
FxWirePro- Major Crypto levels and bias summary
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/USD cedes early gains ,outlook bearish
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro- Woodies Pivot (Major)
Bitcoin Dips Before the Flip: Whales Load Up $3B as $80K Rebound Looms
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside 



