Article By RoboForex.com
Analysis for December 4th, 2013
EUR/USD
H4 chart of EUR/USD shows sideways correction, which continued after bearish patterns, Evening Star, Hanging Man, and Tweezers. Closest Window is support level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of EUR/USD shows bullish tendency, which started after Tweezers pattern. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
USD/JPY
H4 chart of USD/JPY shows correction, which started after Engulfing Bearish pattern. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
H1 chart of USD/JPY shows correction, which is indicated by Harami and Three Black Crows patterns. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
RoboForex Analytical Department
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
