{"id":168401,"date":"2020-04-09T09:15:21","date_gmt":"2020-04-09T13:15:21","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=168401"},"modified":"2020-04-09T07:28:20","modified_gmt":"2020-04-09T11:28:20","slug":"japanese-candlesticks-analysis-09-04-2020-gold-nzdusd-gbpusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/04\/japanese-candlesticks-analysis-09-04-2020-gold-nzdusd-gbpusd\/","title":{"rendered":"Japanese Candlesticks Analysis 09.04.2020 (GOLD, NZDUSD, GBPUSD)"},"content":{"rendered":"
April 9, 2020<\/div>
\r\n<\/div><\/div>

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

XAUUSD, \u201cGold vs US Dollar\u201d<\/strong><\/p>\n

As we can see in the H4 chart, after testing another resistance level and forming several reversal patterns, such as Shooting Star<\/em>, Gold is trading inside the horizontal channel and trying to reverse. The current situation implies that the pair may form a correction from the resistance level and then resume the rising tendency. In this case, the upside target may be at 1700.00. At the same time, there is another scenario, according to which the instrument may correct to reach the support level at 1580.00.<\/p>\n

\"GOLD\"
\n\"Risk<\/p>\n

NZDUSD, \u201cNew Zealand vs. US Dollar\u201d<\/strong><\/p>\n

As we can see in the H4 chart, the rising channel continues. After finishing a Doji <\/em>reversal pattern, NZDUSD is reversing. Possibly, the pair complete the correction and resume trading upwards. The upside target may be at 0.6150. Still, one shouldn\u2019t exclude another scenario, which says that the instrument may continue falling towards 0.5942.<\/p>\n

\"NZDUSD\"
\n\"Risk<\/p>\n

GBPUSD, \u201cGreat Britain Pound vs US Dollar\u201d<\/strong><\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

As we can see in the H4 chart, the pair continues moving within the rising tendency. By now, GBPUSD has formed several reversal patterns, such as Long-Legged Doji<\/em>, close to the support level. At the moment, the pair is reversing and may later resume growing with the target at 1.2640. However, there is another scenario, which implies that the instrument may fall and test 1.2150.<\/p>\n

\"GBPUSD\"<\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com XAUUSD, \u201cGold vs US Dollar\u201d As we can see in the H4 chart, after testing another resistance level and forming several reversal patterns, such as Shooting Star, Gold is trading inside the horizontal channel and trying to reverse. The current situation implies that the pair may form a correction from the resistance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-168401","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/168401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=168401"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/168401\/revisions"}],"predecessor-version":[{"id":168405,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/168401\/revisions\/168405"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=168401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=168401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=168401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}