Article By RoboForex.com
Analysis for February 17th, 2014
EUR USD, “Euro vs US Dollar”
H4 chart of EUR USD shows bullish tendency. Upper Window is resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of EUR USD shows bullish tendency. Closest Window is broken, now it’s support level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
USD JPY, “US Dollar vs Japanese Yen”
H4 chart of USD JPY shows bearish tendency within descending trend. Lower Window is broken, now it’s resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
H1 chart of USD JPY shows correction within descending trend. 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.
