XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, XAUUSD has formed several Doji, Harami and Shooting Star reversal patterns. At the moment, it may be assumed that the instrument may fall to update its closest lows.
NZDUSD, “New Zealand vs. US Dollar”
As we can see in the H4 chart, after forming several Inverted Hammer and Engulfing reversal patterns at the support level, NZDUSD has started a new decline towards the resistance level and right now is trying to break it. At the moment, it may be assumed that despite these candlesticks the instrument may break the level and continue moving upwards.
RoboForex Analytical Department