XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, XAUUSD has reached the support level and formed several Hammer, Engulfing, and Doji reversal patterns there. At the moment, it may be assumed that these patterns indicate a reverse to the upside.
NZDUSD, “New Zealand vs. US Dollar”
As we can see in the H4 chart, NZDUSD continues falling; it has formed several Hammer and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that the instrument may be corrected before it resumes its decline.
RoboForex Analytical Department