Japanese Candlesticks Analysis 14.03.2019 (GOLD, NZDUSD)

Sourced from: https://www.countingpips.com/2019/03/japanese-candlesticks-analysis-14-03-2019-gold-nzdusd/


As we can see from the H4 chart, NZDUSD has rebounded from the support amount; right now, it’s being corrected and forming Harami, Doji, and Hammer change patterns. Depending on the prior movements, it can be supposed that after completing the correction that the tool may muster and continue its growth.

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NZDUSD, “New Zealand vs. US Dollar”

Forecasts presented in this section just reflect the author’s private opinion and should not be regarded as guidance for trading. RoboForex LP bears no obligation for trading results based on trading guidelines described in these analytical reviews.
As we can see in the H4 chart, XAUUSD continues increasing with slight pullback from time to time. At this time, the pair is forming Hammer and Inverted Hammer change patterns. Judging by the previous moves, it could be assumed that after finishing another pullback the tool might continue its ascending movement.