Article By RoboForex.com
Analysis for December 9th, 2013
EUR/USD
H4 chart of EUR/USD shows bullish tendency within ascending trend. Three Methods 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; price may form several bearish patterns inside resistance area.
USD/JPY
H4 chart of USD/JPY shows completion of descending correction, which is indicated by Tower pattern near closest Window. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of USD/JPY shows bullish tendency. 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.
