Ichimoku Analysis (4-hour chart)
Tenken-Sen- 88.01
Kijun-Sen- 87.91
Previous week High- 88.06
Previous Week low-86.57
CADJPY is trading higher for the past five trading sessions and jumped more than 150 pips. The jump was mainly due to the weak Japanese yen as US treasury yields surged. The minor pullback in crude oil price also supporting the pair at lower levels. USDJPY hits a multi-month high, a jump to 111.3 is possible. The intraday trend of CADJPY is bullish as long as support 87.65 holds.
On the higher side, the pair is facing resistance at 88.65. Any indicative surge past targets 90.20/91/91.50/92.
The significant support is at 88, any decline below that level will drag the pair down to 87.49/87.26/87. BearishTrend continuation only below 87. A dip till 85/83 is possible.
It is good to buy on dips around 88 with SL around 87 for the TP 91.


FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast
FxWirePro: GBP/USD falls to two-day low, scope for further downside
Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one
FxWirePro: USD/JPY nears 160 as intervention risk intensifies
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 



