What is the key pivot level for CAD/JPY today?

The primary regime pivot for today is 114.000. Acceptance above this level favors bullish dip-buying, while failure to hold suggests bearish rotation.

How should I trade the 114.000 figure?

Treat the figure as a magnet that attracts two-way flow. Wait for a breakout and a protected retest (compression) before committing to a trend bias.

What are the resistance targets for CAD/JPY?

If 114.500 is reclaimed, the next major resistance targets are 115.000 and 115.500.

CAD/JPY Strategy: 114.000 Pivot Level Analysis | FXPremiere

A deep dive into CAD/JPY execution rules, key support/resistance levels, and handover checkpoints for the February 3rd sessions.

As the February 3, 2026, trading session unfolds, the CAD/JPY pair is hovering around an indicative mid-rate of 113.798, positioning the price action directly beneath a critical psychological and technical junction.

Market Regime and Pivot Analysis

For today's sessions, we have identified the 114.000 level as the primary CADJPY price live regime line. This figure acts as a definitive magnet for price action, and its acceptance or rejection will dictate the near-term bias. Traders should observe the asset through the CAD JPY live chart to identify if the market can establish stability above this handle. Currently, the CAD JPY price reflects a market in search of a catalyst, with the CAD JPY realtime data suggesting a cautious approach ahead of the New York open.

Understanding the CAD JPY chart live is essential for distinguishing between a trending environment and a range-bound rotation. If the price holds above 114.000 into the London session and subsequent retests hold, the operational bias leans toward buying dips. Conversely, if the CAD to JPY live rate falls below this pivot and fails to reclaim it, we shift toward a sell-rallies strategy targeting the 113.500 area.

Execution Rules and Scenarios

1. Base Case: Range Rotation (58% Probability)

The most likely scenario involves a range rotation around the 114.000 mark. In this regime, edge trades at 114.500 or 113.500 offer the highest quality setups, especially if initial breaks are quickly repaired and revert back to the pivot. Monitoring the CAD JPY live chart for compression on retests is a key requirement for validation.

2. Upside Breakout (18% Probability)

A sustained move above 114.500 with a protected retest would open the door to the resistance ladder. Potential targets in this bullish scenario include 115.000 and 115.500. Traders watching the CADJPY price live should look for smaller candles on the retest as a sign of institutional acceptance.

3. Downside Extension (24% Probability)

If the pivot fails and CAD/JPY price live remains pinned below 113.500, a rotation toward 113.000 becomes the primary objective. This move would likely be confirmed if New York session flows align with defensive positioning. During such volatility, ensure you are tracking the CAD JPY realtime feed to manage risk at structural boundaries.

Technical Levels and Risk Hygiene

Today's support and resistance ladder is clearly defined:

Resistance: 114.500 → 115.000 → 115.500
Pivot: 114.000
Support: 113.500 → 113.000 → 112.500

Maintaining professional positioning hygiene is paramount. A figure like 114.000 often attracts two-way flow, including hedging and profit-taking. It is vital to wait for a protected retest before upgrading a bias. Avoid widening stops into noise; if the CAD JPY price becomes overly volatile, the prudent action is to reduce position size rather than increasing exposure.

Finally, the CAD/JPY price live action remains highly sensitive to global rate differentials. As front-end rates lead, directional impulses transmit quickly from the USD complex into JPY crosses. Prioritize patience over conviction during the handover checkpoints at 08:30 and 10:30 New York time to confirm if the prevailing move has the legs to become a trend.