Japanese Candlesticks Analysis 23.01.2019 (GOLD, NZDUSD)

23 января 2019 - Fx4News

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, XAUUSD has rebounded from the support level and formed Hammer, Inverted Hammer, and Harami reversal patterns. Judging by the previous movements, it may be assumed that after finishing another correction the instrument may break the closest resistance level and 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 has completed another pullback from the support level and formed Hammer, Harami, and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that the instrument may continue its growth towards the closest resistance level.

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