Article By RoboForex.com
USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY has rebounded from the resistance at 8/8. In this case, the price is expected to break 7/8 and correct downwards to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks 8/8 to the upside. After that, the instrument may reverse and grow towards the resistance at +2/8.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue falling.
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”
In the H4 chart, USDCAD is trading below the 200-day Moving Average, thus indicating a descending tendency. In this case, the price is expected to test 1/8, break it, and continue falling towards the support at 0/8. Still, this scenario may no longer be valid if the price breaks the resistance at 2/8 to the upside. After that, the instrument may correct upwards to reach 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 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.
- Oil prices have fallen to pre‑war levels. AI companies continue to sell off Jul 3, 2026
- Gold Rises Sharply as Markets Reassess Fed Rate Outlook Jul 3, 2026
- The Eurozone has shown a significant slowdown in inflation. Australia has recorded its largest trade deficit since 2015 Jul 2, 2026
- Natural gas prices are rising amid increasing electricity consumption Jul 1, 2026
- USD/JPY at 40-Year High: Multiple Factors Weigh on the Yen Jul 1, 2026
- Gold Declines: Fed Policy and Geopolitics Weigh Jun 30, 2026
- Oil prices have once again risen above 70 dollars per barrel. The Australian dollar has updated a three‑month low Jun 30, 2026
- EUR/USD: The Advantage Remains with the Dollar Jun 29, 2026
- Escalation of the US–Iran conflict is once again supporting the rise in oil prices Jun 29, 2026
- Oil prices fall back to pre‑war levels. Silver drops to a 7‑month low Jun 25, 2026
