Analysis for January 25th, 2016
At the H4 chart of EUR USD, bullish Harami and Belt Hold patterns indicate an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.
EUR USD, “Euro vs. US Dollar”
At the H1 chart of EUR USD, the downside Window provides support. Three Line Break chart confirms a bearish tendency. Tweezers pattern and Heiken Ashi candlesticks indicate a bullish pullback.
USD JPY, “US Dollar vs. Japanese Yen”The H4 chart of USD JPY shows a correction within the downtrend. Bullish Three Methods patterns and Three Line Break chart indicate that the ascending correction continues; Tower pattern and Heiken Ashi candlesticks confirm a bearish pullback.
RoboForex Analytical Department
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