XAUUSD, “Gold vs US Dollar”
XAUUSD keeps developing an uptrend. Currently, the pair formed several reversal patterns, including a Hammer, at the lower border of the channel. Working off the reversal patterns may bring the pair to a bounce off the support line and send upwards. The aim of the growth id 2030.00. However, gold may still decline to 1910.00.
NZDUSD, “New Zealand vs. US Dollar”
On H4, the pair keeps correcting in an uptrend. Near the resistance line, the pair formed several reversal patterns, including a Hanging Man, and is now working off the signal. Judging by a strong ascending impulse, the realization of the signals may lead the price to 0.6655 before it resumes the growth. The aim of the growth is still the next resistance level at 0.6800.
GBPUSD, “Great Britain Pound vs US Dollar”
On H4, the pair keeps correcting in an uptrend. Currently, the pair is working off the signal of a reversal Engulfing pattern: it broke off the support line and returned into the ascending channel. Then the correction may continue, and the pair may decline to the lower border of the ascending channel. The aim, in this case, might be at 1.3180. Then the price may grow to 1.3375 without testing the lower border of the channel.
