RoboForex - Analytics

RoboForex

0.00 5.25/10
77% of positive reviews
Real
How to join the service?

Japanese Candlesticks Analysis 21.10.2016 (EUR/USD, USD/JPY)

Analysis for October 21st, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Three Methods continuation pattern indicate that the descending tendency continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



At the H1 chart of EUR USD, bearish Three Methods continuation pattern shows a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm the downtrend.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Evening Star pattern shows a descending movement. The upside Window is a resistance level. Three Line Break chart indicates a bullish direction; Heiken Ashi candlesticks confirm the descending movement.



 
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