{"id":171630,"date":"2020-06-04T09:15:42","date_gmt":"2020-06-04T13:15:42","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=171630"},"modified":"2020-06-04T07:12:20","modified_gmt":"2020-06-04T11:12:20","slug":"japanese-candlesticks-analysis-04-06-2020-usdcad-audusd-usdchf","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/06\/japanese-candlesticks-analysis-04-06-2020-usdcad-audusd-usdchf\/","title":{"rendered":"Japanese Candlesticks Analysis 04.06.2020 (USDCAD, AUDUSD, USDCHF)"},"content":{"rendered":"
June 4, 2020<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

USDCAD, \u201cUS Dollar vs Canadian Dollar\u201d<\/strong><\/p>\n

As we can see in the H4 chart, the descending tendency continues. By now, USDCAD has formed a Hammer <\/em>pattern not far from the support level. However, the price is not currently expected to reverse. Most likely, in the nearest future, the pair may correct for a while and then continue falling towards the support area at 1.3460.<\/p>\n

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

AUDUSD, \u201cAustralian Dollar vs US Dollar\u201d<\/strong><\/p>\n

As we can see in the H4 chart, after testing another resistance level, AUDUSD is still trading upwards. By now, it has formed a Shooting Star<\/em> pattern. At the moment, the price is expected to reverse and correct towards 0.6802. In the future, the pair is expected to resume the rising tendency. in this case, the upside target may be at 0.7070.<\/p>\n

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

USDCHF, \u201cUS Dollar vs Swiss Franc\u201d<\/strong><\/p>

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

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<\/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>

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As we can see in the H4 chart, USDCHF has formed several reversal patterns, such as Engulfing<\/em>, while trading not far from the support area. At the moment, the pair is expected to return to 0.9587b and rebound from it. In this case, the upside target may be at 0.9685.<\/p>\n

\"USDCHF\"<\/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 USDCAD, \u201cUS Dollar vs Canadian Dollar\u201d As we can see in the H4 chart, the descending tendency continues. By now, USDCAD has formed a Hammer pattern not far from the support level. However, the price is not currently expected to reverse. Most likely, in the nearest future, the pair may correct for […]<\/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-171630","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/171630","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=171630"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/171630\/revisions"}],"predecessor-version":[{"id":171633,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/171630\/revisions\/171633"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=171630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=171630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=171630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}