USDJPY, “US Dollar vs. Japanese Yen”
In the H4 chart, USDJPY is expected to break the 5/8 level and then continue growing towards the resistance at the 6/8 one.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards to reach 107.81.
USDCAD, “US Dollar vs Canadian Dollar”
In the H4 chart, USDCAD is expected to continue falling towards the support at the 4/8 level.
As we can see in the H1 chart, the pair may break the 3/8 level and then continue falling to reach the support at the 0/8 one.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.
RoboForex Analytical Department
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.