USDJPY, “US Dollar vs. Japanese Yen”
In the H4 chart, USDJPY is expected to test the 7/8 level, rebound from it, and then resume falling towards the support at the 5/8 one.
As we can see in the H1 chart, the pair is trading below the 3/8 level and may continue falling. In this case, the price is expected to test the above-mentioned level, rebound from it, and then resume falling to reach the support at the 0/8 one.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards.
USDCAD, “US Dollar vs Canadian Dollar”
In the H4 chart, USDCAD is trading close to the 3/8 level and may grow towards the resistance at the 5/8 one.
As we can see in the H1 chart, the pair is trading above the 5/8 level and may continue growing. In this case, the price is expected to test the above-mentioned level, rebound from it, and then resume growing to reach the resistance at the 8/8 one.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
