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Murrey Math Lines 15.06.2022 (USDJPY, USDCAD)

USDJPY, “US Dollar vs Japanese Yen”

On H4, the pair rests above the 200-days Moving Average, demonstrating an uptrend. The pair is likely to rise over 7/8 and reach the resistance level of 8/8. The scenario can be cancelled by a breakaway of the support level at 6/8 downwards, in which case the quotes can correct to 5/8.

Murrey Math Lines 15.06.2022 USDJPYH4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15, the upper line of VoltyChannel is broken away, confirming an uptrend and a high probability of further growth of the price.

Murrey Math Lines 15.06.2022 USDJPY_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

On H4, the quotes have broken through the 200-days Moving Average and are resting above it, indicating possible development of an uptrend. The price is likely to test 3/8, break through it, and rise to the resistance level of 4/8. The scenario can be cancelled by a breakaway downwards of the support level at 2/8. This can lead to further falling to 1/8.

Murrey Math Lines 15.06.2022 USDCAD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15, the upper line of VoltyChannel is broken away, increasing the probability of further growth.

Murrey Math Lines 15.06.2022 USDCAD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future


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