Japanese Candlestick Analysis for USDCAD and AUDUSD: 25/03/2019

25.03.2019

USDCAD

On H4, the pair is again testing the resistance, forming such reversal patterns as falling star and engulfment. By analyzing the previous moves, one can assume the price may start forming a new uptrend after a correction.

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

AUDUSD

On H4, the pair is rising, forming pullbacks every now and again. A correction is happening, with the price forming such reversal patterns as the hammer and engulfment. By analyzing the previous moves, one can assume the pair may continue rising after the pullback.

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

Attention!

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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