XAU USD, “Gold vs US Dollar”
As we can see at the H4 chart, the XAU/USD pair has completed another correction by forming Hammer and Inverted Hammer reversal patterns. In this light, we may assume that the instrument may resume growing and update the closest highs.
NZD USD, “New Zealand vs. US Dollar”
As we can see at the H4 chart, the current correction is lasting way too long. By now, the NZD/USD pair has formed Hammer and Inverted Hammer patterns at the support level. Judging by the current uptrend, we may assume that the ascending tendency may continue.
RoboForex Analytical Department