Japanese Candlesticks Analysis 15.04.2019 (USDCAD, AUDUSD)

2019-04-15 17:00    RoboForex

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, USDCAD is still testing the support level and forming Harami and Engulfing reversal patterns. Judging by the previous movements, it may be assumed that the instrument may finish the correction and then resume its ascending movement.

Japanese Candlesticks Analysis 15.04.2019 (USDCAD, AUDUSD) Institution Opinions 1
Japanese Candlesticks Analysis 15.04.2019 (USDCAD, AUDUSD) Institution Opinions 2

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, after forming Shooting Star pattern, AUDUSD is being corrected from the resistance level. Judging by the previous movements, right now it may be assumed that after finishing the pullback the instrument may start a new growth.


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

AUDCADCandlestick

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