BUY CADJPY – 115.114

The trade is based on a clear multi-timeframe trend alignment where Daily, 4H, and 1H charts are all bullish, with price above key EMAs. A bullish liquidity sweep pattern was identified on the 5-minute chart after price dipped to 115.069, triggering a reversal. Fundamentally, news sentiment is strongly positive with recent catalysts including a Silver price milestone, Gold repeating a historical pattern, and a Fed preview suggesting a temporary pause on rate cuts, which collectively support a risk-on, commodity-friendly environment for CAD. The risk-reward is managed with a tight SL at 115.059 (below the sweep low) and TPs set at 40%, 65%, and 85% of the 1-hour ATR (11.36 pips), ensuring TP1 is achievable within 1 hour. Volume (OBV) is rising, confirming buying pressure during the NY session, which enhances the conviction for this high-volatility setup.