Japanese Candlesticks Analysis 19.07.2017 (GOLD, EURUSD)

July 19, 2017

Article By RoboForex.com

GOLD

Gold keeps rising, and the upside direction is confirmed by the Engulfing patterns formed on each of the correction moves. The target for the price movement stands at 1252.52.

EURUSD

Euro keeps rising on the back of weaker US Dollar. The rising tendency is confirmed by the recurring Engulfing pattern on the H4-chart and breakout of the resistance level.

Article By RoboForex.com

Free Reports:

Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter





Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.




Attention!
Forecasts presented in this section only reflect the author’s 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.

7 years ago
InvestMacro

InvestMacro is a finance website dedicated to helping investors make better informed decisions through educational content and products