Japanese Candlesticks Analysis 02.02.2018 (USD/CAD, AUD/USD)

2 февраля 2018 - Fx4News

USD CAD, “US Dollar vs Canadian Dollar”

In the H4 chart, USD/CAD continues falling. Right now, the price is still being corrected and has already completed Hammer pattern. Later, the instrument may continue moving downwards.

USDCADRisk Warning: the results of previous trading operations do not guarantee the same results in the future.

AUD USD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUD/USD has formed several Hammer and Doji reversal patterns. Taking into account that these patterns were formed close to the resistance level, they may probably indicate that the pullback is over and the instrument may continue its growth.

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

RoboForex Analytical Department