RoboForex - Analytics

RoboForex

908.00 5.50/10
77% of positive reviews
Real
How to join the service?

Japanese Candlesticks Analysis 25.02.2015 (EUR/USD, USD/JPY)

Analysis for February 25th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the price has formed Shooting Star and triple Tweezers patterns near the Moving Average, which means that a descending movement may continue. Three Line Break chart and Heiken Ashi candlesticks indicate a short-term correction.



As we can see at the H1 chart of EUR USD, the price has formed Evening Star pattern. Later, the pair may fall towards the lower Window and even break it, which is confirmed by a descending movement indicated by Three Line Break chart and Heiken Ashi candlesticks.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, we can see that the price has formed Evening Star pattern near the closest Window and later may continue the current correction. Three Line Break chart and Heiken Ashi candlesticks are moving in different directions. If the market rebounds from the lower Window and forms bullish reversal patterns, the pair may resume growing.



As we can see at the H1 chart of USD JPY, the pair has formed Engulfing Bearish pattern. Probably, in the nearest future the price may rebound from the lower Window. Three Line Break chart and Heiken Ashi candlesticks indicate a descending movement.



 
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 or Join us


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