USDJPY is forming an extended wave structure, now at 107.00 so it looks like any upcoming correction will be a wave iv but of a lower degree than firstly thought. We see room for a current rise up to 107.50 from where an A-B-C set-back may occur and give an opportunity to join the trend in wave iv from around 106.00.
USDJPY 1h Elliott Wave Analysis
USDCAD found support at our projected levels for wave c that is the final leg of a decline from the high, so the price may revisit these highs soon with an impulsive reaction.
USDCAD 1h Elliott Wave Analysis
