ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro- Woodies Pivot(Major) 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro- Major European Indices 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
CAD/JPY declined slightly after the Canadian jobs data. It hit a high of 104.94 yesterday and is currently trading around 104.26.
Canada's jobs market was nearly stagnant in April 2025, generating a paltry 7,400 jobs, as the unemployment rate surged to 6.9%, its highest since 2017 aside from the pandemic years, following the economic effects of new U.S. tariffs and declining business activity.
Technical Analysis
CAD/JPY is currently trading above the 34- and 55-EMA on the 4-hour chart. The immediate resistance is at 105; a breach above this level could shift targets to 105.51/106/107/108.25. On the lower side, near-term support is at 103.50 and a break below this support could lead to declines toward 103/102.50/10.65/101/100.
Indicator Trends
CCI (50)- Bullish
ADX (14)- Neutral
Trading Strategy Recommendation
It is good to buy on dips around 104 with a stop-loss at 103 and a target price of 106.
