Analysis for August 26th, 2016
At the H4 chart of EUR USD, Hammer pattern indicated an ascending movement. The upside Window is a resistance level, the one in the middle provided support. 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, Shooting Star pattern shows a descending movement. Three Line Break chart indicates a bullish direction; Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs. Japanese Yen”The H4 chart of USD JPY shows a correction within the downtrend. Three Methods continuation pattern indicates a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm the descending movement.
RoboForex Analytical Department
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.