Article By RoboForex.com
Analysis for December 6th, 2013
EUR/USD
H4 chart of EUR/USD shows bullish tendency within ascending trend, which continued after Tweezers pattern. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of EUR/USD shows bullish tendency. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement; Deliberation pattern indicates possible bearish pullback.
USD/JPY
H4 chart of USD/JPY shows correction, which is indicated by Engulfing Bearish pattern. Closest Window is support level. Three Line Break chart and Heiken Ashi candlesticks indicate descending movement.
H1 chart of USD/JPY shows bearish tendency. Three Methods pattern, 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.
