Analysis for December 9th, 2016
At the H4 chart of EUR USD, Engulfing Bearish, Tower and Shooting Star patterns indicate a descending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.
EUR USD, “Euro vs. US Dollar”
At the H1 chart of EUR USD, bullish Harami pattern indicates an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction; the closest Window is a resistance level.
The H4 chart of USD JPY shows the uptrend. The price is probably finishing the sideways correction. Bullish Hammer and Three Methods continuation patterns indicate an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
USD JPY, “US Dollar vs. Japanese Yen”
RoboForex Analytical Department
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