Analysis of the CADJPY Currency Pair for October 17, 2025

Analysis of currency pairs based on the modified wave analysis, Fibonacci levels, and price channels.

Date: October 17, 2025
Pair: CADJPY

The trend is bullish. The currency pair is trading within the 365 and 135 EMA range. The downward wave structures are truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator indicates oversold conditions.

Trading Idea:
Buy upon the formation of an upward wave structure where wave (A) breaks through 107.070 (pivot of wave C).

Place the Stop Loss below the local low of the truncated downward structure.

Target levels: 107.850; 108.800.