USDJPY, “US Dollar vs. Japanese Yen”
On H4, the quotations escaped the overbought area and are currently trading under 8/8. We expect the price to decline further to the support at 6/8. The scenario may be canceled by a breakaway of 8/8 upwards, which may bring the price to the resistance at +1/8.
On M15, if the lower line of the VoltyChannel indicator is broken, the decline to 6/8 on H4 will become more probable.
USDCAD, “US Dollar vs Canadian Dollar”
On H4, the quotations broke away 3/8 and are trading in a consolidation range. Currently, we might expect it to grow to the resistance level at 4/8. This scenario will no longer be valid if 3/8 is broken downwards, which will bring the price to the support at 2/8.
On M15, the upper border of VoltyChannel is broken away. This increases the chances that the price will go on growing.
