RoboForex - Analytics

RoboForex

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

Japanese Candlesticks Analysis 18.08.2016 (EUR/USD, USD/JPY)

Analysis for August 18th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the bullish tendency continues. The upside Window is broken; now it’s a support level. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.



The H1 chart of EUR USD shows the uptrend. The upside Window is a support level. There are no reversal patterns. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows the downtrend. Harami pattern indicates a possible ascending correction. 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


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