RoboForex - Analytics

RoboForex

986.75 5.25/10
76% of positive reviews
Real
How to join the service?

Japanese Candlesticks Analysis 19.01.2016 (EUR/USD, USD/JPY)

Analysis for January 19th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Tweezers, High Wave, and Evening Star patterns indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



At the H1 chart of EUR USD, Engulfing Bullish pattern shows an ascending movement. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the correction within the downtrend continues. Bullish Belt Hold and Engulfing Bullish patterns indicated an ascending movement. Three Line Break chart shows the downtrend; Heiken Ashi candlesticks confirm a bullish correction.



 
RoboForex Analytical Department

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Live Account.



To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree