RoboForex - Analytics

RoboForex

907.00 5.50/10
77% of positive reviews
Real
How to join the service?

Japanese Candlesticks Analysis 03.08.2016 (EUR/USD, USD/JPY)

Analysis for August 3rd, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the bullish tendency continues. The upside Window provides resistance. Doji pattern indicates a descending movement. Three Line Break chart show a bearish direction; Heiken Ashi candlesticks confirm that the ascending tendency may continue.



The H1 chart of EUR USD shows the uptrend. Doji pattern indicates a possible correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the bearish tendency continues. Shooting Star pattern indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



 
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 Members Area.


To leave a comment you must or Join us

  • avatar-1424
    • #

    EURUSD is moving to the bearish territory, we have to be ready to sell the trading tool.


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