Japanese Candlesticks Analysis 03.04.2018 (USDCAD, AUDUSD)

3 апреля 2018 - Fx4News

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, after failing to break the support level once again, USDCAD has been slightly corrected with several Shooting Star reversal patterns. Judging by the previous movements, it may be assumed that the price is finally going to break the support level soon.

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 reached the support level and right now is still forming Doji and Harami reversal patterns there. At the moment, it may be assumed that instrument may rebound from the support level and resume growing towards the resistance one.

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

 

RoboForex Analytical Department