USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY has rebounded from the resistance at the 8/8 level and may resume falling to reach the support at the 5/8 one.
In the H1 chart, the pair may break the 5/8 level and then continue trading towards the 3/8 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.
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD is consolidating between the 3/8 and 5/8 levels. Right now, the price is expected to resume falling towards the downside border.
In the H1 chart, the price may break the 0/8 level and then continue growing towards the resistance at the 3/8 one.
