{"id":173081,"date":"2020-07-02T09:45:01","date_gmt":"2020-07-02T13:45:01","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173081"},"modified":"2020-07-02T07:54:42","modified_gmt":"2020-07-02T11:54:42","slug":"japanese-candlesticks-analysis-02-07-2020-gold-nzdusd-gbpusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/japanese-candlesticks-analysis-02-07-2020-gold-nzdusd-gbpusd\/","title":{"rendered":"Japanese Candlesticks Analysis 02.07.2020 (GOLD, NZDUSD, GBPUSD)"},"content":{"rendered":"
July 2, 2020<\/div>
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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, the ascending tendency continues. After finishing the pullback and testing the support level, XAUUSD has formed a Hammer <\/em>pattern. At the moment, the price may start reversing to continue the uptrend. In this case, the upside target is at 1791.00. At the same time, one shouldn\u2019t exclude an alternative scenario, according to which the market may fall and return to 1755.00.<\/p>\n

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

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

As we can see in the H4 chart, the sideways tendency continues. After forming several reversal patterns, such as Hammer<\/em>, not far from the support level, NZDUSD is reversing. Possibly, the pair may reverse and start a new growth to reach the resistance area at 0.6520. After testing this area, the instrument may resume falling towards 0.6385.<\/p>\n

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

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

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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, after forming a Doji <\/em>pattern while testing the resistance level, GBPUSD has started reversing. At the moment, the pair is expected to continue the descending tendency. In this case, the downside target is at 1.2272. Still, there is another scenario, which suggests that the instrument may continue the trading upwards to reach 1.2530 without reversing and forming any significant corrections.<\/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, the ascending tendency continues. After finishing the pullback and testing the support level, XAUUSD has formed a Hammer pattern. At the moment, the price may start reversing to continue the uptrend. In this case, the upside target is at […]<\/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-173081","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173081","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=173081"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173081\/revisions"}],"predecessor-version":[{"id":173085,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173081\/revisions\/173085"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=173081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=173081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=173081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}