Article By RoboForex.com
Analysis for January 21st, 2014
EUR/USD
H4 chart of EUR/USD shows bearish tendency; closest Window is support level. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
H1 chart of EUR/USD shows sideways correction within descending trend; closest Window is resistance level. Tweezers pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm descending movement.
USD/JPY
H4 chart of USD/JPY shows resistance from closest Window. Harami pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of USD/JPY shows that correction finished after Inverted Hammer pattern. Bullish Three Methods pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm ascending 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.
