Japanese Candlesticks Analysis 01.11.2018 (GOLD, NZDUSD)

1 ноября 2018 - Fx4News

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, XAUUSD has completed another correction from the resistance level and formed Doji, Hammer, and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that after finishing the correction 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 has finished another correction with Doji and Inverted Hammer reversal patterns. Right now, the price is testing the resistance level. Judging by the previous movements, it may be assumed that the instrument may test and break the resistance level, and then continue its growth.

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