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Japanese Candlesticks Analysis 19.07.2023 (XAUUSD, NZDUSD, GBPUSD)

RoboForex | 2023-07-20 17:47

Abstract：Gold has formed a Shooting Star reversal pattern near the resistance level. Currently, the instrument is going by the reversal signal in a corrective wave. The pullback target might be 1965.00. Upon testing the support level, the price could get a chance to rebound from it and continue the uptrend. However, the quotes might rise to 1985.00 without any correction.

XAUUSD, “Gold vs US Dollar”

Gold has formed a Shooting Star reversal pattern near the resistance level. Currently, the instrument is going by the reversal signal in a corrective wave. The pullback target might be 1965.00. Upon testing the support level, the price could get a chance to rebound from it and continue the uptrend. However, the quotes might rise to 1985.00 without any correction.

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD has formed a Shooting Star reversal pattern on H4. Currently, the instrument is going by the reversal signal in a descending wave. The correction target might be 0.6170. After the rebound from the support level, the quotes could get a chance to continue the uptrend. However, the price might rise to 0.6300 and develop the uptrend without testing the support.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has formed a Harami reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target might be 1.2840. However, the price could rise to 1.3000 and continue the uptrend without testing the support.

Dealer

Related broker

Offshore Regulated

RoboForex

Company name：RoboForex Ltd

Score

2.54

Website：http://www.roboforex.com/

10-15 years | Regulated in Belize | Retail Forex License | White label MT4

Score

2.54

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Original 2025-12-05 20:14

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Original 2025-12-05 18:40

Tauro Markets Review 2025: Unregulated Broker | Read This Before You Deposit

Tauro Markets claims to be a global forex and CFD broker, but upon closer examination of its operations, we find serious warning signs that every potential trader needs to be aware of. While they offer the well-known MT4 platform and various trading options, these advantages are completely overshadowed by one major problem: they have no real financial regulation at all. This Tauro Markets review gives you a complete analysis, focusing on the real risks and what they claim to offer, so you can make a smart decision. Our conclusion is simple: because this broker has no regulation, your capital is in serious danger, and anyone thinking about opening an account should be extremely careful.

Original 2025-12-05 17:46