Analysis for May 27th, 2015
The H4 chart of EUR USD shows a bearish tendency. Tweezers and Hammer patterns indicate that the price may start an ascending correction. Three Line Break chart shows a descending tendency; Heiken Ashi candlesticks confirm a bullish correction.
EUR USD, “Euro vs. US Dollar”
The H1 chart of EUR USD shows a bearish tendency. The lower Window provides support. Hammer and Harami patterns along with Three Line Break chart and Heiken Ashi candlesticks confirm a bullish pullback.
USD JPY, “US Dollar vs. Japanese Yen”The H4 chart of USD JPY shows a bullish tendency. Dark Cloud and Shooting Star patterns indicate a descending movement. Three Line Break chart shows an ascending tendency; Heiken Ashi candlesticks confirm a bearish pullback.
RoboForex Analytical Department
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