Article By RoboForex.com
USDJPY, “US Dollar vs. Japanese Yen”
In the H4 chart, after breaking 3/8, USDJPY is moving below it. In this case, the price is expected to continue falling towards the support at 2/8. However, this scenario may no longer be valid if the price breaks 3/8 to the upside. After that, the instrument may resume consolidating and reach the resistance at 4/8.
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.
Free Reports:
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD is moving within the “oversold area”. In this case, the pair is expected to break 0/8 and then continue growing towards the resistance at 2/8. However, this scenario may no longer be valid if the price breaks -1/8 to the downside. After that, the instrument may continue moving downwards to reach the support at -2/8.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading upwards.
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
- Oil prices are holding around 95 dollars per barrel. Bank Indonesia kept its key rate unchanged Mar 18, 2026
- EUR/USD Awaits Fed Decision Mar 18, 2026
- GBP/USD Pauses Ahead of Bank of England Rate Decision Mar 17, 2026
- The RBA raised the rate to 4.1% amid a surge in fuel prices. The Canadian dollar strengthened following the inflation data release Mar 17, 2026
- RoboForex Launches Swap-Free Trading for All Clients Mar 16, 2026
- Gold Continues to Decline Amid Fed Expectations Mar 16, 2026
- Investors begin pricing in prolonged stagflation due to the blockade of the Strait of Hormuz Mar 16, 2026
- Iran wants to maintain the blockade of the Strait of Hormuz until the United States closes all its bases in the Middle East Mar 13, 2026
- USD/JPY at Highest Since July 2024: Market Awaits BoJ Intervention Mar 13, 2026
- Oil continues to rise despite record strategic reserve releases by the IEA Mar 12, 2026
