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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.

100829387-157375311r.1910x1000.jpg

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.

image.png

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.

image.png

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.

image.png
img_v2_b16b2b19-0b04-4bd6-9ba8-fbf10f93dacg.jpg
Dealer

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RoboForex
Company name:RoboForex Ltd
Score
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Website:http://www.roboforex.com/
10-15 years | Regulated in Belize | Retail Forex License | White label MT4
Score
2.54

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Classic Global Ltd Review: Can You Trust This Broker or Are There Warning Signs?

When choosing an online broker, the most important thing for any investor is safety. The internet presents numerous opportunities, but it also poses significant risks. This brings us to Classic Global Ltd, a forex and CFD broker that has gotten attention recently. Potential investors are asking a crucial question: Is Classic Global Ltd. trustworthy? To answer this, you can't just rely on what the broker says about itself. You need to carefully look at whether it's properly regulated, its company history, and what real users say about it. This article gives you a complete, fact-based analysis designed to cut through the confusion. Our goal isn't to make a quick judgment but to show you the proven facts, so you can make a smart decision about the safety of your money. Doing your homework is the foundation of successful investing, and this review is an important part of that process for anyone thinking about Classic Global Ltd.

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