Japanese Candlesticks Analysis 06.04.2018 (USDCAD, AUDUSD)

6 апреля 2018 - Fx4News

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, after breaking the support level, USDCAD has formed several Hammer reversal patterns and right now is being corrected again. At the moment, it may be assumed that the price may complete the pullback soon and resume falling.

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 is moving sideways near the support level, but forming a lot of Hammer, Doji, and Inverted Hammer reversal patterns. At the moment, it may be assumed that the current sideways movement may transform into a a new growth.

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

 

RoboForex Analytical Department