Forex Cross
CAD/JPY — Canadian Dollar / Japanese Yen
1.0 – 3.0 pips · 60 – 110 pips
CAD/JPY blends oil exposure with risk sentiment, often trending alongside crude while the yen provides the funding side.
Risk first
Numbers below are typical ranges, not guarantees — spreads, swaps and volatility differ per broker and market regime. Size every position from your stop distance and account risk, never from a fixed lot habit.
Contract specifications
| Spec | Value |
|---|---|
| Contract size | 1.00 lot = 100,000 CAD |
| Pip / tick value | 0.01 → ca. 6.5 – 7 USD / 1.00 lot |
| Typical spread | 1.0 – 3.0 pips |
| Typical daily range | 60 – 110 pips |
| Best trading hours | New York session |
What moves this market
- ▸Crude oil prices
- ▸Risk appetite
- ▸BoC and BoJ policy
Correlations to watch
- ▸Positive to WTI crude
- ▸Positive to AUD/JPY
How traders approach it
- ▸Oil-trend continuation trades
- ▸H4 structure entries with ATR stops
- ▸Avoid during inventory releases
Typical mistakes
- ▸Treating it as independent from oil positions
- ▸Trading it in the Asian session with a breakout system
Related instruments
Analyse it in FX CURIO
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