Candlestick Forex Analysis

14.05.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the uptrend continues. After testing the support area, the pair has formed several reversal patterns, including Inverted Hammer. At the moment, EURUSD may reverse and start a new growth towards the resistance level. In this case, th...

13.05.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming several reversal patterns, including Hammer and Inverted Hammer, not far from the support level, USDCAD may reverse and start a new correction towards 1.2200. After testing this level, the price may rebound ...

12.05.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument is forming another correction. After forming several reversal patterns, such as Shooting Star, close to the resistance level, XAUUSD is reversing. In this case, the upside target after the correction may be the resist...

11.05.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset is forming another correction within the uptrend. After testing the resistance area, the pair has formed several reversal patterns, including Hanging Man. At the moment, EURUSD may reverse and start a new pullback towards ...

10.05.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming several reversal patterns, including Hammer, not far from the support level, USDCAD may reverse and start a new correction towards 1.2200. After testing this level, the price may rebound and resume its desce...

07.05.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument is forming another correction. After forming several reversal patterns, such as Doji, close to the support level, XAUUSD is reversing. In this case, the upside target of the correction may be the resistance area at 18...

06.05.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset is forming another correction within the uptrend. After breaking the channel’s downside border, the pair is testing the support area where it formed several reversal patterns, including Long-Legged Doji. At the moment, EUR...

05.05.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after completing the correction close to the resistance level and forming several reversal patterns there, including Long-Legged Doji, USDCAD may reverse and start a new decline towards 1.2215. After testing this level, t...

04.05.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument is forming another correction. After forming several reversal patterns, such as Shooting Star, close to the resistance level, XAUUSD is reversing. In this case, the correctional target may be the support area at 1770....

03.05.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset is forming another correction within the uptrend. After breaking the channel’s downside border, the pair is testing the support area where it formed several reversal patterns, including Engulfing. At the moment, EURUSD may...

30.04.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after falling towards the support level and forming several reversal patterns, including Hammer, USDCAD may reverse and start a new pullback towards the resistance area at 1.2370. After testing the area, the price may reb...

29.04.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument is forming another correction. After forming several reversal patterns, such as Engulfing, close to the support level, XAUUSD is reversing. In this case, the correctional target may be the support area at 1765.00. At ...

28.04.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset is correcting within the uptrend. While testing the support area, the pair has formed several reversal patterns, including Engulfing. At the moment, EURUSD may reverse and grow towards the next resistance area. In this cas...

27.04.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming several reversal patterns, including Harami, close to the support level, USDCAD may reverse and start a new pullback towards the resistance area at 1.2430. After testing the area, the price may rebound and r...

26.04.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument is completing the correction. After forming several reversal patterns, such as Engulfing, close to the support level, XAUUSD may reverse and start new growth. In this case, the upside target may be the resistance area...

23.04.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset is trading within the uptrend. While testing the support area, the pair has formed several reversal patterns, including Hammer. At the moment, EURUSD may reverse and grow towards the resistance area. In this case, the upsi...

22.04.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming several reversal patterns, including Harami, during the pullback, USDCAD may reverse and resume growing towards the resistance area at 1.2550. After testing the area, the price may rebound and resume its des...

21.04.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. After forming several reversal patterns, such as Engulfing, close to the resistance level, and reversing, XAUUSD may start a new growth towards. In this case, the upside target may be the resistance...

20.04.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset is forming another correction within the uptrend. While testing the support area, the pair has formed several reversal patterns, including Hammer. At the moment, EURUSD may reverse and grow towards the resistance area. In ...

19.04.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming several reversal patterns, including Harami, during the pullback, USDCAD may reverse and resume falling towards the support area at 1.2450. After testing the area, the price may continue its descending tende...

16.04.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. After forming several reversal patterns, such as Harami, close to the resistance level, XAUUSD may reverse and start a new pullback towards the support area. In this case, the correctional target ma...

15.04.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset is still correcting within the uptrend. While testing the resistance area, the pair has formed several reversal patterns, including Hanging Man. At the moment, EURUSD may reverse and form a pullback towards the support are...

14.04.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming several reversal patterns, including Shooting Star, not far from the resistance level, USDCAD may reverse and fall towards the support area at 1.2475. After testing the support area, the price may continue i...

13.04.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. After forming several reversal patterns, such as Shooting Star, close to the resistance level, XAUUSD may reverse and start a new pullback towards the support area. In this case, the correctional ta...

12.04.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset is still correcting within the uptrend. While testing the resistance area, the pair has formed several reversal patterns, including Harami. At the moment, EURUSD may reverse and form a pullback towards the support area. In...

09.04.2021USDCAD, "US Dollar vs Canadian Dollar"On H4, the pair has formed several reversal patterns at the resistance line, including a Shooting star. Going by the patterns will currently make the quotations decline to the support level of 1.2455. Upon testing the support level, tge quotations migh...

08.04.2021XAUUSD, “Gold vs US Dollar”The pair keeps developing ascending dynamics. It has formed several reversal patterns at the resistance area, including a Harami. Currently, going by the patterns, gold my slump into a correction with the aim at 1725.00. However, the quotations might still procee...

07.04.2021EURUSD, "Euro vs US Dollar"On H4, the quotations are forming a correction in an uptrend. Testing the resistance level, the pair formed several reversal candlestick patterns, including a Harami. Currently, going by the signal, the price might pull back to the support level, aiming at 1.1810...

06.04.2021USDCAD, “US Dollar vs Canadian Dollar”On H4, USDCAD has formed several reversal patterns at the resistance line, including a Hanging Man. Currently, going by the patterns, the quotations might decline to the support level of 1.2455. Upon testing the support level, the quotations might keep...

05.04.2021XAUUSD, “Gold vs US Dollar”The pair is completing a correction. AT the resistance level, gold has formed several reversal patterns including a Doji. Going by the reversal patterns, the price might continue the downtrend, aiming at 1700.00. However, the quotations might sill grow to 1735.00...