CAD/JPY showed a minor pull back after a massive sell-off. It hits an intraday high of 102.36 and is currently trading around 102.31.
Technical Analysis
CAD/JPY is currently trading below the 34- and 55-EMA on the 4-hour chart. The immediate resistance is at 102.65; a breach above this level could shift targets to 103.26/103.60/104. On the lower side, near-term support is at 101.67 and a break below this support could lead to declines toward 101/100.
Indicator Trends
CCI (50)- Bearish
ADX (14)- Bearish
Trading Strategy Recommendation
It is good to sell on rallies around 103 with a stop-loss set around 104 and a target price of 100.


NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
FxWirePro- Major Pair levels and bias summary
Gold Loses Steam After Strong U.S. Retail Sales
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions
FxWirePro- Major Crypto levels and bias summary
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely
FxWirePro: AUD/ USD eases as risk sentiment remains fragile
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
FxWirePro: USD/CAD falls to one-month low, scope for further downside
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223 



