CADJPY Forecast

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CAD/JPY

Canadian Dollar vs Japanese Yen

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CAD/JPY Live Price

110.69500
-0.40%
Overview Forecast Technical Historical Data Economic Calendar

CAD/JPY Forecast — 29 September 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

CAD/JPY traders are keeping a close eye on economic conditions in Canada and Japan, with broader macroeconomic trends exerting influence over pair valuations. Upcoming Canadian economic growth statistics are poised to act as a significant driver for relative currency valuation in the upcoming sessions.

Price Action:

The daily D1 chart shows recent downward momentum for CAD/JPY, with the pair dropping from recent trading levels around 112.359 down to a recent close at 111.013. The step-down in daily candles highlights active selling interest as price tests lower ranges.

Key Technical Indicators:

Bollinger Bands: The daily Bollinger Bands reveal a middle band at 112.059, an upper band at 114.314, and a lower band at 109.804. Trading at 111.013, the price sits beneath the middle band, signaling a bearish environment as it moves toward the lower band boundary.

RSI: The 14-day Relative Strength Index (RSI) is currently recorded at 36.15. Resting below the neutral 50 level, it signals dominant bearish pressure while remaining above the traditional oversold threshold of 30.

MACD: The MACD line is positioned below the signal line in negative territory with a value of -0.635. This negative value reflects sustained bearish momentum across the daily timeframe for CAD/JPY.

Support and Resistance:

Key technical benchmarks for CAD/JPY are defined by support at 110.524 and resistance at 116.454. With the pair closing at 111.013, price is currently hovering closer to the immediate support zone.

News to Watch for CADJPY This Week:

  • GDP m/m: Monthly Canadian economic growth data provides crucial economic insight that could sway CAD strength against the Japanese yen.

Weekly Outlook and Consideration:

The weekly perspective for CAD/JPY remains weighted toward the downside as technical indicators point toward prevailing bearish bias. With the RSI at 36.15 and MACD at -0.635, the pair trades under the Bollinger middle band of 112.059. A break below immediate support at 110.524 could open the path toward lower territory near the lower Bollinger band at 109.804, whereas any relief rebound would confront overhead resistance towards 116.454.

Disclaimer: The analysis provided for CAD/JPY is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

CAD/JPY D1 technical analysis chart
CAD/JPY D1 Technical Analysis for 09.29.2026

CAD/JPY Forecast — 20 September 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

The CAD/JPY pair remains influenced by macroeconomic trends across Canada and Japan as traders monitor central bank policy stances and growth prospects. Economic performance indicators from Canada and inflation signals from Japan are key drivers shaping trader sentiment and cross-currency flows in the near term.

Price Action:

On the daily (D1) chart, CAD/JPY closed at 111.484 after bouncing off a recent low near 110.524. Recent price action indicates a retracement from prior highs near 116.454, with the pair striving to establish stability following a period of persistent selling pressure.

Key Technical Indicators:

Bollinger Bands: The D1 Bollinger Bands show a middle line at 113.186, with the upper band at 116.704 and lower band at 109.669. With price trading at 111.484 between the middle and lower bands, the technical setup reflects prevailing downside momentum within the expanded volatility envelope.

RSI: The 14-day RSI is currently at 36.29, holding in bearish territory but remaining above the oversold boundary of 30. This signals weak upward momentum while leaving room for potential temporary consolidation.

MACD: The MACD indicator is currently reading -0.892, remaining below the signal line and entrenched in negative territory. This reading highlights ongoing bearish momentum on the daily chart, though stabilizing price bars could slow down further downside trajectory.

Support and Resistance:

Key technical levels for CAD/JPY show immediate support at 110.524, which served as a recent floor for price declines. On the resistance side, 116.454 acts as a critical ceiling that buyers would need to break to shift the broader trend back upward.

News to Watch for CADJPY This Week:

  • GDP m/m: Monthly measure of Canadian economic activity that offers critical insight into growth dynamics and potential central bank policy actions.
  • Tokyo Core CPI y/y: Key inflation indicator for Japan's capital city that provides early clues on national price trends and monetary policy direction.

Weekly Outlook and Consideration:

CAD/JPY approaches the new trading week with a cautious tone following a close at 111.484. Momentum indicators such as the RSI at 36.29 and MACD at -0.892 remain aligned to the downside while price trades beneath the middle Bollinger Band of 113.186. A sustained push above current levels could target the major resistance near 116.454, whereas a fall below support at 110.524 could direct price action toward the lower Bollinger Band around 109.669.

Disclaimer: The analysis provided for CAD/JPY is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

CAD/JPY D1 technical analysis chart
CAD/JPY D1 Technical Analysis for 09.20.2026

CAD/JPY Forecast — 12 September 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

Fundamental drivers for CAD/JPY center on inflation developments and central bank policy stances. Rate expectations in Canada alongside upcoming monetary policy decisions from the Bank of Japan could influence yield differentials and cross-currency risk dynamics for CAD/JPY.

Price Action:

CAD/JPY has experienced a distinct downward trajectory on the daily timeframe, dropping from recent highs near 116.454 down to a recent close of 111.628. The price tested recent lows near the 110.744 mark, displaying persistent selling interest while attempting to find footing near key support.

Key Technical Indicators:

Bollinger Bands: The daily Bollinger Bands show CAD/JPY trading close to the lower band of 111.242, well beneath the middle band at 114.093 and the upper band at 116.945. This positioning underscores increased downside volatility and sustained selling pressure across daily candles.

RSI: The 14-day Relative Strength Index (RSI) is positioned at 30.80, nearing oversold conditions, which indicates strong downside momentum while signaling potential for market consolidation.

MACD: The daily MACD for CAD/JPY stands at -0.728, remaining in negative territory below the zero line to reflect ongoing bearish momentum in the pair.

Support and Resistance:

Technical analysis highlights immediate key support for CAD/JPY at 110.744, with primary overhead resistance identified at 116.454.

News to Watch for CADJPY This Week:

  • Trimmed CPI y/y: Measures underlying core inflation trends, potentially influencing policy expectations.
  • Median CPI y/y: Indicates core consumer price changes that may affect interest rate perspectives.
  • CPI m/m: Tracks short-term price adjustments, offering insights into inflation momentum.
  • Common CPI y/y: Assesses broad inflationary trends across consumer expenditures.
  • Monetary Policy Statement: Outlines economic evaluations and policy guidelines from the central bank.
  • BOJ Press Conference: Provides verbal insights and economic commentary regarding future interest rate pathways.
  • BOJ Policy Rate: Establishes benchmark interest rates, impacting currency yields and market valuations.

Weekly Outlook and Consideration:

The weekly outlook for CAD/JPY leans cautious as the pair trades near 111.628 following a sustained drop from the 116.454 resistance level. Technical indicators on the daily chart reflect notable bearish momentum, with MACD at -0.728 and RSI at 30.80 hovering near oversold territory. Trading near the lower Bollinger Band at 111.242, CAD/JPY market participants will be closely watching whether key support at 110.744 holds or gives way during upcoming economic releases.

Disclaimer: The analysis provided for CAD/JPY is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

CAD/JPY D1 technical analysis chart
CAD/JPY D1 Technical Analysis for 09.12.2026

CAD/JPY Forecast — 5 September 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

CAD/JPY has experienced increased volatility as shifts in risk sentiment and commodity trends influence price movement. Market participants continue to watch fiscal updates and monetary policy signals that affect both the Canadian Dollar and the Japanese Yen.

Price Action:

On the daily chart, CAD/JPY closed at 112.94 after a notable push downward from previous trading sessions.

Key Technical Indicators:

Bollinger Bands: Price is currently oscillating near the lower band, suggesting heightened selling pressure and potential oversold conditions in the short term.

RSI: The Relative Strength Index (RSI) is holding around 38, signaling weaker demand without yet reaching deep oversold territory.

MACD: The MACD histogram remains below the zero line, indicating sustained bearish momentum across recent sessions.

Support and Resistance:

Key support is established near 112.00, while immediate resistance is identified around 114.50.

News to Watch for CADJPY This Week:

  • Traders should monitor upcoming Canadian CPI inflation reports and statements from Bank of Japan officials regarding yield curve control.

Weekly Outlook and Consideration:

Near-term outlook remains cautious with a slight bearish tilt unless buyers push price action back above the 114.50 resistance level.

Disclaimer: The analysis provided for CAD/JPY is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

CAD/JPY D1 technical analysis chart
CAD/JPY D1 Technical Analysis for 09.05.2026

CAD/JPY Forecast — 29 August 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

Fundamental drivers for CAD/JPY center on central bank monetary policy updates from Canada and shifts in global risk sentiment affecting the Japanese Yen. Interest rate decisions and upcoming economic data from Canada remain focal points for near-term valuation.

Price Action:

On the D1 chart, CAD/JPY closed at 115.031, maintaining a position near its recent recovery highs after bouncing off lower support levels. Price movement reflects moderate upward traction following consolidation near the 114.50 region.

Key Technical Indicators:

Bollinger Bands: The daily Bollinger Bands show a middle band (20-day moving average) at 114.098, with the upper band at 116.333 and the lower band at 111.864. The price is currently situated above the middle band at 115.031, suggesting upside bias within the band structure.

RSI: The 14-day Relative Strength Index (RSI) stands at 54.35, placing the pair in neutral territory with a slight positive slope, well below overbought thresholds.

MACD: The D1 MACD indicator records a reading of 0.1557, positioned above the zero line, indicating positive momentum in the medium term.

Support and Resistance:

Key technical levels for CAD/JPY include primary support at 110.805 and primary resistance at 116.454. The middle Bollinger Band near 114.098 serves as intermediate dynamic support.

News to Watch for CADJPY This Week:

  • Overnight Rate: Central bank interest rate decisions directly influence capital flows and Canadian dollar valuation.
  • BOC Rate Statement: Official commentary provides insights into future monetary policy direction and economic assessments.
  • BOC Press Conference: Live responses from policymakers offer clarification on monetary policy and growth expectations.
  • Employment Change: Labor market data signals economic strength and potential consumer spending capacity.
  • Unemployment Rate: The overall jobless metric offers fundamental clarity on economic health.
  • Ivey PMI: Purchasing managers survey data measures broader monthly business activity trends.

Weekly Outlook and Consideration:

CAD/JPY demonstrates a mildly constructive stance on the D1 timeframe, trading at 115.031 above its middle Bollinger Band of 114.098. Positive MACD values at 0.1557 and a neutral RSI of 54.35 suggest potential for further upward testing toward resistance at 116.454. However, should price pressure turn downward, dynamic support at 114.098 and key support at 110.805 remain critical levels to watch. Upcoming economic releases may influence directional volatility throughout the week.

Disclaimer: The analysis provided for CAD/JPY is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

CAD/JPY D1 technical analysis chart
CAD/JPY D1 Technical Analysis for 08.29.2026
1CAD = –––JPY –––% ▼
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