empty
12.10.2021 12:58 PM
Trading idea for CAD/JPY and CHF/JPY

Although the recent rally in USD / JPY is a pot of gold, not everyone was able to participate in it. But traders can still take chances on the CAD / JPY and CHF / JPY pairs.

CAD / JPY:

This image is no longer relevant

CHF / JPY:

This image is no longer relevant

Since both pairs are near their yearly highs, traders can place sell limits in an increment of 500 pips. The volume should be 0.01 standard lot for each $ 1000 of the deposit.

This analysis is based on "Grid trading."

Good luck and have a nice day!

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Recommendations and Analysis for GBP/USD on March 28: The Pound Keeps Swinging

The GBP/USD currency pair showed a powerful upward movement on Thursday. Naturally, the catalyst was once again Donald Trump, who imposed new 25% tariffs on all automobile imports

Paolo Greco 02:47 2025-03-28 UTC+2

Trading Recommendations and Analysis for EUR/USD on March 28: Trump's Tariffs and GDP

On Thursday, the EUR/USD currency pair surged sharply without breaking the prevailing downtrend of recent days. Valid reasons contributed to the dollar's decline after Donald Trump announced new tariffs

Paolo Greco 02:47 2025-03-28 UTC+2

GBP/USD: Trading Plan for the U.S. Session on March 27th (Review of Morning Trades)

In my morning forecast, I focused on the 1.2916 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and see what happened

Miroslaw Bawulski 17:56 2025-03-27 UTC+2

EUR/USD: Trading Plan for the U.S. Session on March 27th (Review of Morning Trades)

In my morning forecast, I focused on the 1.0769 level and planned to make trading decisions based on it. Let's take a look at the 5-minute chart and see what

Miroslaw Bawulski 17:53 2025-03-27 UTC+2

How to Trade the GBP/USD Pair on March 27? Simple Tips and Trade Analysis for Beginners

Analysis of Wednesday's Trades 1H Chart of GBP/USD On Wednesday, the GBP/USD pair showed a downward movement that finally aligned with the macroeconomic backdrop. During the day, traders were interested

Paolo Greco 05:42 2025-03-27 UTC+2

How to Trade the EUR/USD Pair on March 27? Simple Tips and Trade Analysis for Beginners

Analysis of Wednesday's Trades 1H Chart of EUR/USD On Wednesday, the EUR/USD currency pair continued its sluggish decline. The euro's depreciation is quite logical, although traders continue to ignore

Paolo Greco 05:42 2025-03-27 UTC+2

Trading Recommendations and Analysis for GBP/USD on March 27: Pound Dropped, but Nothing Has Changed

The GBP/USD currency pair traded lower on Wednesday. We had warned that the pair has recently been swinging like a pendulum. The pound was rising on Tuesday, so it could

Paolo Greco 03:06 2025-03-27 UTC+2

Trading Recommendations and Analysis for EUR/USD on March 27: The Market Is in No Hurry

The EUR/USD currency pair traded with minimal losses throughout Wednesday, while the overall trend on the hourly time frame remains bearish following the price's exit from the ascending channel

Paolo Greco 03:06 2025-03-27 UTC+2

GBP/USD: Trading Plan for the U.S. Session on March 26th (Review of the Morning Trades)

In my morning forecast, I highlighted the 1.2926 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and analyze what happened. The breakout

Miroslaw Bawulski 17:24 2025-03-26 UTC+2

EUR/USD: Trading Plan for the U.S. Session on March 26th (Review of the Morning Trades)

In my morning forecast, I highlighted the 1.0780 level and planned to make market entry decisions based on it. Let's look at the 5-minute chart and analyze what happened. Although

Miroslaw Bawulski 17:21 2025-03-26 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.