CADJPY
Trade ID: cadjpysell1770303165224 | Execution: 485606
Status
WON
Direction
SELL
Entry Price
114.869
Targets Hit
3 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
114.869
0
Filled
Feb 5, 2026 2:53 PM
Stop Loss
114.989
12
Not Hit
-
Take Profit 1
114.797
7.2
HIT
2026-02-05 15:00:00
Take Profit 2
114.713
15.6
HIT
2026-02-05 15:01:00
Take Profit 3
114.569
30
HIT
2026-02-05 15:32:00
Trade Analysis
Strategy & Reasoning
Strategy
Trend Following
Reason
CADJPY sell targets JPY weakness from policy divergence & election risk while CAD benefits from technical structure & oil volatility support
Details
Technical analysis shows CADJPY bearish across multiple timeframes with strong structural setup and tight stop placement. Fundamentally, JPY remains pressured by BoJ policy divergence and election uncertainty, while CAD finds support from oil price volatility and risk-off flows amplifying yen weakness. Institutional positioning remains neutral but technical confluence dominates. US jobs data miss and tech selloff created risk-averse flows benefiting JPY shorts, while Canadas oil exposure provides CAD resilience against broad dollar weakness from ECBs potential dovish tilt.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
Multi-Timeframe Bearish Structure
Fundamental Sentiment
BOE/ECB Policy Hold; Yen Weakness Ahead of Japan Election; Risk-Off Tech Selloff
Confidence Score
85
Trade Conviction
High
Reasoning Completeness
High