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: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro:EUR/AUD eases but bullish outlook persists
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next? 



