Japanese Candlesticks Analysis 07.09.2018 (GOLD, NZDUSD)

7 сентября 2018 - Fx4News

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, XAUUSD continues forming Hammer, Engulfing, and Doji reversal patterns. Judging by the previous movements, it may be assumed that the price may complete the pullback and then 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 is being corrected towards the support level once again and forming Hammer and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that the instrument is forming another pullback before starting a new growth.

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