Japanese Candlestick Analysis for USDCAD and AUDUSD: 28/03/2019

28 марта 2019 - Fx4News

USDCAD

On H4, the pair is again testing the resistance, forming such reversal patterns as falling star, doji, and engulfment. By analyzing the previous moves, one can assume the price may start forming a new uptrend after a correction.

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

AUDUSD

On H4, the pair is rising, forming pullbacks every now and again. A correction is happening, with the price forming such reversal patterns as the hammer, inverted hammer, and engulfment. By analyzing the previous moves, one can assume the EURUSD may start forming a new uptrend after a pullback.

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