RoboForex - Analytics

RoboForex

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

Japanese Candlesticks Analysis 22.08.2016 (EUR/USD, USD/JPY)

Analysis for August 22nd, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Harami pattern indicates a descending correction within the uptrend. The upside Window is a support level. Three Line Break chart shows a bearish direction; Engulfing Bullish pattern and Heiken Ashi candlesticks confirm a pullback upwards.



At the H1 chart of EUR USD, Engulfing Bullish pattern indicates an ascending movement. The Window in the middle is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Harami pattern indicates a correction within the downtrend. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish 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