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Japanese Candlesticks Analysis 23.04.2019 (USDCAD, AUDUSD)

23 april 2019 - Fx4News

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, USDCAD is still trading close to the support level and forming Hammer and Engulfing reversal patterns. Judging by the previous movements, it may be assumed that after finishing its sideways movement the instrument may resume trading upwards.

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

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD has finished another correction close to the support level and formed several Inverted Hammer and Harami reversal patterns. Judging by the previous movements, right now it may be assumed that after finishing another pullback the instrument may continue its growth.

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

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