Canadian Dollar/Yen Financial Spread Betting and Trading Guide with Charts and Prices
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CAD/JPY Spread Betting Guide

CAD/JPY Spread Betting



Where Can I Spread Bet on CAD/JPY?


At the moment, you are able to speculate on CAD/JPY, as well as a wide array of other online markets, through firms like:

CAD/JPY Market Analysis and Trading News


Date Trading Update
09-Oct-17 [12:48pm]

CAD/JPY Daily Trading Analysis

  • CAD/JPY is currently trading at ¥89.856.
  • At the end of the last session, the market closed -¥0.089 (-0.10%) lower at ¥89.738.
30 Minute Chart Analysis

Rising Forex Pair The FX market is currently higher than the 20-period MA of ¥89.803 and higher than the 50-period MA of ¥89.830.

1 Day Chart Analysis

Neutral Forex Pair The FX market is currently lower than the 20-DMA of ¥90.450 and higher than the 50-DMA of ¥89.029.

Update by Gordon Childs, Editor, CleanFinancial

» More forex trading views and analysis.

Readers please note:


Where Can I Find Live Spread Betting Prices and Charts for CAD/JPY?


This CFD trading chart offers readers a handy overview of the CAD/JPY FX market.


The Plus 500 chart above typically tracks the underlying CAD/JPY futures market (not the spot price).

Should you want to review live spread trading prices and charts for CAD/JPY, you might need a spread betting account.

You can also use a spreads account to trade daily prices. Note that opening any such account is subject to suitability, credit and status checks.

If your new account is approved, you can log on to analyse the charts and prices. Usually, these are provided as part of the service. The catch? You could get an occasional email and/or sales call from the company.

If you want to trade then you should be aware that spread trading and CFD trading carry a high level of risk to your capital and it's possible to incur losses that exceed your initial investment.

Technical Charting Packages for CAD/JPY


Although charting software/packages normally differ between platforms, to help your trading analysis, the charts usually have handy features and tools, including:
  • A number of different time intervals such as 1 minute, 1 hour, 1 week etc.
  • Different views such as candlestick and OHLC charts
  • Drawing features such as Trendlines, Fibonacci Fans, Arcs and Time Zones

The charts provided by FinancialSpreads also offer advanced features:
  • Custom Indicators and BackTesting tools
  • Chart overlays such as Ichimoku Kinko Hyo, Parabolic SAR, Chande Kroll Stop etc.
  • A choice of secondary charts such as Standard Deviation, RVI, TRIX etc.
  • Customised email alerts when a market reaches a particular price

Example forex market trading chart

CAD/JPY Trading Guide - Example Chart


The following financial spread betting brokers let their users have access to live trading charts and prices:
Advert: CAD/JPY Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on CAD/JPY with Financial Spreads.


Where Can I Spread Bet on CAD/JPY for Free?


Investing in the financial markets always involves a degree of risk. However, if you want to try a Test Account, where you can trial financial spread betting, then please see below for more details.

Furthermore, in the UK, financial spread betting is currently exempt from capital gains tax, income tax and stamp duty*.

If you're interested in a free spread trading website then keep in mind that investors can trade CAD/JPY without paying any commissions or brokers' fees with providers such as:

Free Demo Account


If you would like to open a (free) virtual money Practice Account in order to try spread betting, and speculating on markets such as the FTSE 100, crude oil and CAD/JPY, then look into: Each of the above spread betting companies offer a risk free Test Account that allows users to access charts, apply a range of orders and test theories.


How to Spread Bet on CAD/JPY

How to Spread Bet on CAD/JPY?


As with a variety of financial markets, it is possible to place a spread bet on forex rates, such as CAD/JPY, to either increase or decrease.

Looking at a spread betting site like Selftrade Markets, we can see that they are currently showing the CAD/JPY Rolling Daily market at ¥80.001 - ¥80.051. As a result, an investor can spread bet on the CAD/JPY pair:

  CAD/JPY Spread Trading Example Rising above ¥80.051, or
  CAD/JPY Spread Betting Example Falling below ¥80.001

Whilst placing a spread bet on CAD/JPY you trade in x per point where a point is ¥0.010 of the pairs movement. Therefore, if you decided to invest 5 per point and CAD/JPY moves 36.0 points then there would be a difference to your profit/loss of 180. 5 per point x ¥0.360 = 5 per point x 36.0 points = 180.

Rolling Daily FX Markets

Note that this is a Rolling Daily Market and therefore there is no preset closing date for this market. If your position is still open at the end of the day, it just rolls over to the next day.

If your FX position does roll over then you will usually be charged a small overnight financing fee. To see a fully worked example read Rolling Daily Spread Betting.


CAD/JPY Trading Example 1


So, if we continue with the spread of ¥80.001 - ¥80.051 and make the assumptions that:
  • You've analysed the foreign exchange markets, and
  • Your research leads you to feel that the CAD/JPY rate will go higher than ¥80.051
Then you may decide to go long of the market at ¥80.051 and invest 4 per point.

So, you gain 4 for every point (¥0.010) that the CAD/JPY rate pushes above ¥80.051. However, you will make a loss of 4 for every point that the CAD/JPY market moves below ¥80.051.

Looked at another way, if you buy a spread bet then your profits (or losses) are worked out by taking the difference between the closing price of the market and the price you bought the market at. You then multiply that difference in price by the stake.

With this in mind, if after a few hours the forex rate rose then you might consider closing your position in order to secure your profit.

So if the market rose then the spread, determined by the spread betting company, could be adjusted to ¥80.331 - ¥80.381. To settle/close your trade you would sell at ¥80.331. Accordingly, with the same 4 stake this trade would result in a profit of:

P&L = (Final Level - Initial Level) x stake
P&L = (¥80.331 - ¥80.051) x 4 per point stake
P&L = ¥0.280 x 4 per point stake
P&L = 28.0 points x 4 per point stake
P&L = 112.00 profit

Trading forex, by spread betting or otherwise, is not simple. In the above example, you wanted the currency pair to rise. Of course, the FX rate might fall.

If the CAD/JPY market weakened, against your expectations, then you could choose to close your position in order to restrict your losses.

If the market fell to ¥79.811 - ¥79.861 then this means you would close your spread bet by selling at ¥79.811. As a result, your loss would be:

P&L = (Final Level - Initial Level) x stake
P&L = (¥79.811 - ¥80.051) x 4 per point stake
P&L = -¥0.240 x 4 per point stake
P&L = -24.0 points x 4 per point stake
P&L = -96.00 loss

Note - CAD/JPY Rolling Daily spread correct as of 11-Sep-12.


Advert: CAD/JPY Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on CAD/JPY with Financial Spreads.


How to Spread Bet on Canadian Dollar - Yen

How to Spread Bet on Canadian Dollar - Yen - Example 2


Looking at a website like FinancialSpreads.com, we can see they are valuing the Canadian Dollar - Yen Rolling Daily market at ¥80.637 - ¥80.687. Therefore, an investor can spread trade on the Canadian Dollar - Yen pair:

  Canadian Dollar - Yen Spread Betting Example Moving above ¥80.687, or
  Canadian Dollar - Yen Trading Example Moving below ¥80.637

When spread betting on Canadian Dollar - Yen you trade in x per point where a point is ¥0.010 of the pairs movement. Therefore, if you decide to have a stake of 4 per point and Canadian Dollar - Yen moves 34.0 points then there would be a difference to your profits (or losses) of 136. 4 per point x ¥0.340 = 4 per point x 34.0 points = 136.

So, if you continue with the spread of ¥80.637 - ¥80.687 and assume:
  • You've completed your analysis of the markets, and
  • Your research leads you to feel that the Canadian Dollar - Yen rate will move higher than ¥80.687
Then you may decide to buy at ¥80.687 for a stake of, for the sake of argument, 3 per point.

So, you win 3 for every point (¥0.010) that the Canadian Dollar - Yen rate rises above ¥80.687. Nevertheless, such a bet also means that you will lose 3 for every point that the Canadian Dollar - Yen market decreases lower than ¥80.687.

Thinking of this in a slightly different way, should you Buy a spread bet then your profits (or losses) are calculated by taking the difference between the final price of the market and the price you bought the spread at. You then multiply that difference in price by your stake.

Therefore, if after a few sessions the forex pair started to increase then you might think about closing your trade to secure your profit.

Taking this a step further, if the market did go up then the spread, determined by the spread betting company, might change to ¥81.050 - ¥81.100. You would close your trade by selling at ¥81.050. As a result, with the same 3 stake you would make a profit of:

Profits (or losses) = (Closing Price - Initial Price) x stake
Profits (or losses) = (¥81.050 - ¥80.687) x 3 per point stake
Profits (or losses) = ¥0.363 x 3 per point stake
Profits (or losses) = 36.3 points x 3 per point stake
Profits (or losses) = 108.90 profit

Speculating on currencies is not always simple. In this case, you wanted the currency pair to go up. However, it could fall.

If the Canadian Dollar - Yen market weakened, against your expectations, then you might choose to close your spread bet to limit your losses.

Should the spread drop to ¥80.275 - ¥80.325 then you would settle your trade by selling at ¥80.275. If so, this would result in a loss of:

Profits (or losses) = (Closing Price - Initial Price) x stake
Profits (or losses) = (¥80.275 - ¥80.687) x 3 per point stake
Profits (or losses) = -¥0.412 x 3 per point stake
Profits (or losses) = -41.2 points x 3 per point stake
Profits (or losses) = -123.60 loss

Note - Canadian Dollar - Yen Rolling Daily spread betting price quoted as of 18-Sep-12.


Advert: CAD/JPY Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on CAD/JPY with Financial Spreads.


Trading Risk Warning
'CAD/JPY Spread Betting' edited by Jacob Wood, updated 09-Oct-17

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