Japanese Candlesticks Analysis 26.07.2019 (GOLD, NZDUSD)

26 июля 2019 - Fx4News

GOLD

Gold keeps forming an uptrend. On H4 the pair has formed an Inverted Hammer near the support line. At the current stage, if the signal for the reversal pattern realizes, we may see another rise to 1445.00. At the same time, a reverse scenario should not be excluded: the price may fall and test 1400.00

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

NZDUSD

On H4 the pair keeps forming an ascending channel. The lower border with a Harami formed is being tested currently. In the present trading situation the price may realize the signal for a reversal pattern and rise to the resistance level at 0.6800. A reverse scenario, however, should not be excluded: the price may break through the current support level and fall to 0.6565.

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