On H4, the USDJPY is in the overbought territory, but still may rise to the resistance at 2/8. Going short may only be valid once 8/8 gets broken out.
On M15, the upper VoltyChannel line has been broken out, which means an ascending trend is prevailing.
On H4, the USD/CAD left the oversold territory, and may continue rising to the resistance at 3/8.
H1 charts show the same Murrey levels as H4, which confirms the possible rise.
On M15, the upper VoltyChannel line has been broken out, which signals a likely price rise.
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.