CADJPY May See More Downside After BOC Cut Rates

by elliottwave-forecast.com | March 30, 2020 4:21 pm
On Friday, Bank of Canada (BOC) made another rate cut for the third time this month. The central bank lowered the interest rate by 50 basis points to 0.25%. This unscheduled rate cut is intended to provide...

CADJPY : Catching the 600 Pip Drop

by elliottwave-forecast.com | March 16, 2020 5:06 pm
CADJPY Technical Analysis  On March 4/2020 I posted on social media (Stocktwits/Twitter) @AidanFX  “$CADJPY Break below 79.88 and I’m selling … lets see if we see any downside momentum” CADJPY 1 Hour Chart 3.4.2020 : The chart below...

CADJPY Forecasting The Bounce From Blue Box Area

by elliottwave-forecast.com | February 19, 2020 4:18 pm
In this blog, we are going to take a look at the Elliottwave chart of CADJPY.  The rally from August 26, 2019 low unfolded as 5 waves impulsive move up in wave (A) as a diagonal.  Based on...

CADJPY Elliott Wave View: Pullback Another Opportunity To Buy?

by elliottwave-forecast.com | January 28, 2020 4:17 pm
Short term Elliott wave view in CADJPY suggests that the rally from August 25, 2019 low ended 5 waves as a Leading diagonal structure at 84.57 high. Down from there, the pair is correcting that cycle in...

CADJPY : Watch For Possible Buying Opportunities

by elliottwave-forecast.com | November 14, 2019 9:26 pm
CADJPY Technical Analysis November 14/2019 CADJPY : A possible bullish pattern is visible on the Daily time frame. The blue bullish pattern still needs to make a push lower to complete point D at the BC 0.50%...

Elliot Wave View: Impulsive Decline in CADJPY

by elliottwave-forecast.com | May 1, 2019 11:38 am
Short Term Elliott Wave view in CADJPY calls the bounce to 84.37 on April 17, 2019 as wave 2. The pair is currently in wave 3 lower and the internal subdivides as an impulse Elliott Wave structure....

Elliott Wave View: CADJPY Selloff To Resume

by elliottwave-forecast.com | December 18, 2018 10:43 am
Elliott Wave View: CADJPY Selloff To Resume Short Term Elliott Wave view suggests that cycle from 11.8.2018 high (87) ended at 83.55 in Minor wave W and bounce to 85.27 ended Minor wave X. Pair has resumed...

CADJPY Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | December 16, 2018 4:07 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of CADJPY published in members area of The Website. As our members know CADJPY has the incomplete...

CADJPY : Will Sellers Take Control?

by elliottwave-forecast.com | December 11, 2018 10:40 am
CADJPY Technical Analysis December 10/2018 CADJPY looks poised to make another move lower. There are bearish market patterns that are clearly visible. On the Weekly chart below, CADJPY formed a Bearish Pattern (blue) that triggered sellers on...

CADJPY Elliott Wave: Incomplete Sequence Calling Lower

by elliottwave-forecast.com | November 22, 2018 8:19 pm
CADJPY short-term Elliott wave view suggests that a bounce to 87.00 on 11/08/2018 high ended intermediate wave (X). Down from there, the decline unfolded as double three structure where Minute wave ((w)) ended at 85.44 low as...