XAU USD, “Gold vs US Dollar”
After forming several Harami, Shooting Star, and Engulfing reversal patterns at the H4 chart, the XAU/USD pair started a new correction. The price is moving inside the uptrend, so we may assume that the correction won’t be too serious and the instrument may continue its growth a bit later.
NZD USD, “New Zealand vs. US Dollar”
After forming several Doji and Harami reversal patterns at the H4 chart, the NZD/USD pair started another slight correction. Judging by earlier movements, we may assume that after finishing the correction the instrument will continue growing to update its closest highs.
RoboForex Analytical Department