Japanese Candlestick Analysis for USDCAD and AUDUSD: 26.09.2018

26 сентября 2018 - Fx4News

USDCAD

On H4, the USDCAD is continuing to correct, where it is forming reversal patterns, such as doji, harami, and hammer. This looks like a pullback before the new wave of the ascending trend.

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

AUDUSD

On H4, the pair bounced off the support and continues rising. The price has approached the resistance and is now forming the Hanging Man and Doji patters. By analyzing the previous moves, one can assume the pair may break out and start forming a new uptrend.

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