USDJPY, “US Dollar vs. Japanese Yen”
On H4, the quotations escaped the overbought area and are trading under 8/8. Further decline to the support at 6/8 is expected. The scenario may be canceled by a breakaway of 8/8 upwards, which may send the quotations into another wave of growth to the resistance at +1/8.
On M15, the lower line of VoltyChannel is broken away. This indicates a downtrend and high probability of further decline of the price.
USDCAD, “US Dollar vs Canadian Dollar”
On H4, the quotations are trading in a consolidation range. We may expect further growth to the resistance at 5/8. The scenario might be canceled by a breakaway of 4/8 downwards, which will drag the quotations down to the support at 3/8.
On M15, the upper line of VoltyChannel is broken away, which increases the probability of further growth of the price.
