Candlestick Forex Analysis

02.03.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the descending impulse continues. After forming several reversal patterns, such as Hammer, close to the horizontal support level, XAUUSD is reversing and may later correct towards the resistance area. In this case, the correctional ...

01.03.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the correction continues. While testing the support area, the asset has formed several reversal patterns, including Inverted Hammer. At the moment, EURUSD is reversing and may later continue growing. In this case, the upside target...

26.02.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming a Hammer reversal pattern not far from the support level and reversing, USDCAD has reached the channel’s upside border. In this case, the next downside target is at 1.2440. After that, the asset may continue...

25.02.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the rising impulse continues. After forming several reversal patterns, such as Hammer, close to the horizontal support level, XAUUSD is reversing and may later resume growing towards the resistance area. In this case, the upside tar...

24.02.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after testing the resistance area and forming several reversal patterns there, including Harami, EURUSD may reverse and continue the pullback. In this case, the correctional target may b...

23.02.2021USDCAD, “US Dollar vs Canadian Dollar”On H4, the pair has formed an Inverted Hammer reversal pattern at the support level. If currently the quotations go by the signal, they might end at the resistance level. The aim of the pullback is 1.2690. Then the quotations might go on with the ascen...

22.02.2021XAUUSD, “Gold vs US Dollar”The pair continues with an ascending impulse. At the horizontal support level, several reversal patterns have formed, including a Hammer. Currently, if the price goes by their signals, it might end up near the resistance level. The aim here is 1821.00. However, a...

19.02.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after testing the support area and forming several reversal patterns there, including Hammer, EURUSD may continue reversing. In this case, the upside target may be at 1.2190. However, an...

18.02.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming a Shooting Star reversal pattern not far from the resistance level, USDCAD is reversing and may fall towards the support level. In this case, the downside target remains at 1.2610. After that, the asset may ...

17.02.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the metal is about to finish the correctional impulse. After forming several reversal patterns, such as Hammer, close to the horizontal support level, XAUUSD may reverse and resume growing towards the resistance area. In this case, ...

16.02.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, EURUSD is testing the resistance area where it has formed several reversal patterns, including Engulfing. Possibly, the asset may continue moving upwards. In this case, the upside target...

15.02.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming an Engulfing reversal pattern not far from the resistance level, USDCAD is reversing and falling towards the support level. In this case, the downside target is at 1.2610. After that, the asset may continue ...

12.02.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the metal is about to finish the correctional impulse. Right now, after forming several reversal patterns, such as Harami and Doji, close to the support level, XAUUSD is reversing and may resume growing towards the resistance area. ...

11.02.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming several reversal patterns, including Harami, close to the support level, EURUSD may reverse and start a new growth. In this case, the upside target may be at 1.2210. Howeve...

10.02.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming a Harami reversal pattern not far from the resistance level, USDCAD is reversing and falling towards the support level. In this case, the downside target is at 1.2620. After that, the asset may continue form...

09.02.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the metal is still trading upwards. Right now, after forming several reversal patterns, such as Harami, close to the horizontal support level, XAUUSD is reversing and may resume growing towards the resistance area. In this case, the...

08.02.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the descending tendency continues. Right now, after forming several reversal patterns close to the resistance level, EURUSD may reverse and start a new decline. In this case, the correctional target may be at 1.1920. However, an al...

05.02.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming an Engulfing reversal pattern not far from the support level, USDCAD is correcting again and may later continue growing towards 1.2910. After that, the asset may ...

04.02.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the metal is still trading downwards. Right now, after forming several reversal patterns, such as Shooting Star, close to the horizontal resistance level, XAUUSD is reversing and may resume falling towards the support area. In this ...

03.02.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the descending tendency continues. Right now, after forming several reversal patterns, such as Harami, close to the support level, EURUSD may reverse and start a new correction. In this case, the correctional target may be at 1.210...

02.02.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming an Engulfing reversal pattern not far from the support level, USDCAD may reverse in the form of another rising wave towards 1.2910. Later, the asset may continue ...

01.02.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the metal is still trading sideways. Right now, after forming several reversal patterns, such as Engulfing, close to the horizontal resistance level, XAUUSD is reversing and may resume falling towards the support area. In this case,...

29.01.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the descending tendency continues. Right now, after forming several reversal patterns, such as Engulfing, close to the resistance level, EURUSD is reversing. In this case, the correctional target remains at 1.2020. After that, the ...

28.01.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming a Shooting Star reversal pattern not far from the resistance level, USDCAD may reverse in the form of another correctional wave towards the support area at 1.2720...

27.01.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, after plunging earlier, the metal is still trading sideways. Right now, after forming several reversal patterns, such as Engulfing, close to the horizontal resistance level, XAUUSD may reverse and resume falling towards the support ...

26.01.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the correction within the ascending tendency continues. Right now, after forming several reversal patterns, such as Engulfing, close to the resistance level, EURUSD may reverse in the form of another pullback. In this case, the cor...

25.01.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, the descending tendency continues. Right now, after forming a Shooting Star reversal pattern not far from the resistance level, USDCAD may reverse in the form of another descending impulse. Later, the asset may continue f...

22.01.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, after plunging, the metal is still trying to recover. Right now, after forming several reversal patterns, such as Engulfing, close to the resistance area, XAUUSD may reverse and resume falling towards the support level. In this case...

21.01.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming several reversal patterns, such as Hammer, close to the support level, EURUSD may reverse in the form of another rising impulse. The upside target may be at 1.2180. After t...

20.01.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, the descending tendency continues. Right now, after forming an Engulfing reversal pattern not far from the resistance level, USDCAD may reverse in the form of another descending impulse. Later, the asset may continue fall...