Japanese Candlesticks Analysis 11.02.2019 (USDCAD, AUDUSD)

2019-02-11 16:00    RoboForex

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, USDCAD has reached another resistance level and formed several Hanging Man and Harami reversal patterns. Judging by the previous movements, it may be assumed that right now the instrument may form one more correction and then resume its descending movement.

Japanese Candlesticks Analysis 11.02.2019 (USDCAD, AUDUSD) Institution Opinions 1
Japanese Candlesticks Analysis 11.02.2019 (USDCAD, AUDUSD) Institution Opinions 2

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD is trading close to the support level and forming Inverted Hammer and Harami reversal patterns;. Judging by the previous movements, it may be assumed that after finishing another correction the instrument may start a new growth.


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

AUDCADCandlestickJapanese Candlesticks

0 traders reviewed this item, please leave a reply!

About FXYEAH | Broker Listing | Contribute | Contact Us | Sitemap | TagCloud
Disclaimer: All contents of site are only for your reference, don't suggest you do any investment decision, you should be responsible for your decision.