Analysis for February 2nd, 2016
At the H4 chart of EUR USD, the sideways tendency continues. Hammer pattern indicated an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish movement.
EUR USD, “Euro vs. US Dollar”
The H1 chart of EUR USD indicates a bullish tendency. Three Methods pattern shows an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
USD JPY, “US Dollar vs. Japanese Yen”The H4 chart of USD JPY shows a bullish tendency. A bearish pullback reached the middle Window, which provides support. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; bullish Three Methods pattern indicates that the ascending tendency may continue.
RoboForex Analytical Department
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