Article By RoboForex.com
Analysis for January 15th, 2014
EUR/USD
H4 chart of EUR/USD shows sideways correction between support and resistance levels. Three Line Break chart and Heiken Ashi candlesticks indicate descending movement.
H1 chart of EUR/USD shows bearish tendency, which is indicated by Harami and Tweezers patterns. Three Line Break chart confirms descending tendency; Heiken Ashi candlesticks indicate ascending movement.
USD/JPY
H4 chart of USD/JPY shows bullish tendency. Closest Window is resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of USD/JPY shows bullish tendency, which is indicated by Three Methods pattern. Three Line Break chart confirms ascending movement; Heiken Ashi candlesticks indicate bearish pullback.
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.