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Japanese Candlesticks Analysis 12.04.2019 (GOLD, NZDUSD)

12 april 2019 - Fx4News

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, XAUUSD has completed another correction near the support level and formed Hammer and Harami reversal patterns. Judging by the previous movements, it may be assumed that after finishing the correction and testing the level, the instrument may continue its ascending movement.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD, “New Zealand vs. US Dollar”

As we can see in the H4 chart, NZDUSD is still testing the support level and forming Hammer and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that after testing the level the instrument may continue its growth.

NZDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

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