Analysis of the Forex currency market on 4.09.2023

Hello. Below are some recommendations for trading in the Forex market on 09/04/2023


Price on USDCAD pair removed the nearest lows under level 1, 3493 and giving the reaction formed the Absorption pattern. In the statistics of transactions, there is a good preponderance of sellers and, apparently, we will go to attack liquidity above 1.3660. I am considering buying here, the first targets are in the 1.3660 area, the next ones are already in the 1.3812 area.


Doji pattern formed on Gold. It seems that the level of 1946.83 has stopped the price and we are going to at least correct downwards. From below, FVG remained its overlap and the level of 1923.25 for the time being, we will take it as the target of downward movement, and it will already be visible there. If we accelerate, we can aim at the lows of 1884.70.

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