Bet on CAD/JPY

Bet on CAD/JPY

Trade idea

BUY 82.20; TP 83.30; SL 81.80

There are various ways to trade the CAD this week. There is the Bank of Canada’s meeting on Wednesday and a rate hike is expected. One of the ways is to bet on the advance of CAD/JPY.

The pair formed a “hammer” on W1 and is now likely to retrace to higher levels.


Awesome Oscillator started rising on D1. The resistance provided by the moving averages is still far away, so there’s scope for the correction up. The H4 chart shows that the last obstacle lies at 100-period MA (82.15). The target is at 83.30 (Fibo level, resistance line).



Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera