JPY
CAD/JPY Live Forex Pair Analysis
CAD/JPY is currently showing a bearish dashboard bias with 56 pip ADR. This page combines price context, trend, volatility, rate differential, seasonality, correlations, calendar risk, and methodology links for repeat pair analysis.
CAD/JPY quotes the Canadian Dollar against the Japanese Yen. A rising CAD/JPY rate means CAD is strengthening versus JPY; a falling rate means JPY is gaining on CAD. The current Forex Vitals read is Bearish, with Developing trend alignment and New York and Tokyo session focus.
Price is pressing into dashboard support at 113.923. Watch whether buyers defend the level or price accepts below it.
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Direct answer: CAD / JPY is a Forex cross pair where one CAD is priced in JPY. The Forex Vitals dashboard currently reads Bearish with a continuation score of -6/15 and a server-side price snapshot of 113.911.
Currency strength spread: CAD is -9.2 points versus JPY on the Forex Vitals strength model. Positive spread favors the base currency; negative spread favors the quote currency.
Support/resistance state: The dashboard currently flags TESTING SUPPORT. Price is pressing into dashboard support at 113.923. Watch whether buyers defend the level or price accepts below it.
Volatility: Today's range is 40 pips against a 14-day ADR of 56 pips. Volatility is inside its recent average range.
Seasonality: Historically, July has been difficult for CAD / JPY, with a 30% directional win rate and -0.75% average change.
What moves CAD/JPY?
CAD/JPY is driven by the relative strength of the Canadian Dollar and Japanese Yen. Watch Bank of Canada versus Bank of Japan expectations, inflation surprises, labor data, commodity exposure, and broad risk sentiment.
How to read volatility
Current range context: 40 pips today vs 56 ADR. A high ADR reading can mean momentum is active, but it can also mean the pair is extended.
Session behavior
CAD/JPY usually deserves extra attention during the New York and Tokyo sessions, especially when liquidity overlaps with London or New York. Compare live moves with London, New York, Tokyo, and Sydney activity before judging follow-through.
Correlation risks
Check the correlation table before stacking trades. Highly correlated positions can turn several separate entries into one oversized currency or risk-sentiment bet.
- CAD driver: BoC policy, crude oil, US demand, inflation, and jobs data
- JPY driver: BoJ policy, JGB yields, safe-haven flows, and global carry demand
- Carry context: CAD has the positive rate differential at the current cached policy-rate snapshot.
- Session context: CAD/JPY usually deserves extra attention during the New York and Tokyo sessions, especially when liquidity overlaps with London or New York.
- Risk control: Confirm stop distance, lot size, and correlation exposure before treating the pair context as a trade plan.
| TIME | CUR | EVENT | IMPACT | ACT / EST / PREV |
|---|---|---|---|---|
| Jul 7, 05:30 | CAD | Balance of Trade | MEDIUM | - / C$2.7B / C$2.72B |
| Jul 7, 07:00 | CAD | Ivey PMI s.a | HIGH | - / 59.1 / 58.2 |
Canadian Dollar (CAD)
Japanese Yen (JPY)
| Res 3 | 114.471 |
| Res 2 | 114.257 |
| Res 1 | 114.125 |
| PIVOT | 113.911 |
| Sup 1 | 113.697 |
| Sup 2 | 113.565 |
| Sup 3 | 113.351 |
| Swing High | 114.677 |
| Swing Low | 113.923 |
| 61.8% Retr. | 114.211 |
| Extension | 114.882 |