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  3. Japanese Candlestick Analysis for USDCAD and AUDUSD: 18.09.2018

Japanese Candlestick Analysis for USDCAD and AUDUSD: 18.09.2018

18.09.2018

 

USDCAD

On H4, the USDCAD has corrected to reach the support, where it continues forming reversal patterns, such as doji, engulfing patterns, and hammer. This looks like a pullback before the new wave of the ascending trend.

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

AUDUSD

On H4, the pair pulled back off the support and formed such reversal patters as hammer, inverted hammer, and the engulfing pattern. This may be yet another pullback before the new ascending trend.

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

Trading analysis & analytics
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.

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