XAU USD, “Gold vs US Dollar”
At the H4 chart, the XAU/USD pair continues the correction by forming Harami, Shooting Star, and Engulfing reversal patterns. Taking into account the current uptrend, we may assume that the price may resume growing and update the closest highs.
NZD USD, “New Zealand vs. US Dollar”
After forming several Doji, Harami, and Shooting Star reversal patterns at the H4 chart, the NZD/USD pair stopped growing. Judging by the current uptrend, we may assume that after finishing the correction the instrument may continue growing despite the above-mentioned reversal patterns.
RoboForex Analytical Department