Article By RoboForex.com
USDJPY, “US Dollar vs. Japanese Yen”
In the H4 chart, after breaking 3/8, USDJPY is moving below the 200-day Moving Average, thus indicating a possible descending tendency. In this case, the price is expected to continue falling towards the support at 1/8. However, this scenario may no longer be valid if the price breaks 3/8 to the upside. After that, the instrument may continue growing to 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.
Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks Newsletter
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD is moving below the 200-day Moving Average but the asset rebounded from 3/8 earlier. In this case, the pair is expected to fall towards the support at 1/8. Still, this scenario may no longer be valid if the price breaks 3/8 to the upside. After that, the instrument may continue moving upwards to reach the resistance at 4/8.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards.
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.
- The US indices sell off amid renewed US-Iran clashes. Oil jumps by 7% Jul 30, 2026
- USD/JPY Temporary in Equilibrium: Multiple Factors in Focus Jul 30, 2026
- GBP/USD at Month’s Lows: The Outlook Remains Weak Jul 29, 2026
- Crude oil falls below $80 per barrel. Australia sees inflation slowdown Jul 29, 2026
- The US Tech sector hit by sell‑off. Oil prices decline on renewed negotiations Jul 28, 2026
- Gold Declines, Focus on Fed and Falling Oil Prices Jul 28, 2026
- This week will be one of the most crowded for central‑bank meetings Jul 27, 2026
- EUR/USD Ahead of a Key Week: Holding Near Lows Jul 27, 2026
- COT Metals Charts: Weekly Speculator Changes led by Copper Jul 26, 2026
- COT Bonds Charts: Speculator Bets led by SOFR 3-Months & 5-Year Bonds Jul 26, 2026
