Japanese Candlesticks Analysis 15.08.2018 (USDCAD, AUDUSD)
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD has formed another correction with Hammer and Doji reversal patterns. Judging by the previous movements, right now it may be assumed that the instrument is forming a new ascending tendency.
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, AUDUSD has completed its sideways movement and right now is testing the support level. By now, it has formed several Hammer, Inverted Hammer, and Doji reversal patterns. Judging by the previous movements, it may be assumed that the instrument may fall for a while and try to confuse and mislead investors before starting a new growth.
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