Symbol | Exchange | Currency |
|---|
By Ketki Saxena Investing.com -- The Canadian dollar strengthened against its US counterpart today, as the greenback weakened broadly against major currencies, following a...
CAD/JPY is on the watchlist for the rest of the week as the price moves out of an important trendline on both the longer-term and shorter-term charts.
CADJPY pair remains bearish from an Elliott wave perspective; forming an impulsive decline after BoC rate decision. Watch resistance at 100 level.
Canadian Dollar weakness continues as CAD has been one of the few major currencies weaker than the USD.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Buy | Buy | Buy | Neutral | Buy |
| Technical Indicators | Strong Sell | Strong Sell | Strong Buy | Strong Buy | Sell |
| Summary | Neutral | Neutral | Strong Buy | Buy | Neutral |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Hanging Man | 1D | Current | |||
| Inverted Hammer | 5H | Current | |||
| Shooting Star Gap | 5H | Current | |||
| Completed Patterns | |||||
| Dragon Fly Doji | 1D | 8 | Jan 19, 2023 | ||
| Engulfing Bearish | 5H | 8 | Jan 29, 2023 21:00 | ||
| Three Black Crows | 1W | 18 | Sep 25, 2022 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Tuesday, January 31, 2023 | ||||||
| 00:00 | JPY | 8.50% | -9.70% | |||
| 00:00 | JPY | 31.00 | 30.50 | 30.30 | ||
| 00:00 | JPY | -1.70% | 0.50% | -1.40% | ||
| 08:30 | CAD | 0.10% | 0.10% | 0.10% | ||
| 08:30 | CAD | 2.80% | 3.50% | 3.10% | ||
| 19:30 | JPY | 48.90 | 48.90 | |||
| 22:35 | JPY | 0.50% | ||||
| Wednesday, February 1, 2023 | ||||||
| 09:30 | CAD | 49.20 | ||||
| 18:50 | JPY | -344.20B | ||||
| 18:50 | JPY | -83.00B | ||||
| 18:50 | JPY | -3.20% | -6.10% | |||
| 22:35 | JPY | 0.50% | ||||
Bank of Canada(BOC) | ||
| Current Rate | 4.50% | |
| Central Bank Governor | Tiff Macklem |
Bank of Japan(BOJ) | ||
| Current Rate | -0.10% | |
| Chairman | Haruhiko Kuroda |