Article By RoboForex.com
Analysis for December 27th, 2013
EUR/USD
H4 chart of EUR/USD shows ascending movement, which is indicated by Three Methods pattern. Three Line Break chart and Heiken Ashi candlesticks confirm bullish tendency.
H1 chart of EUR/USD shows support from closest Window. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
USD/JPY
H4 chart of USD/JPY shows correction within ascending trend, which started after Shooting Star pattern. New Window is support level. Three Line Break chart indicates ascending trend; Heiken Ashi candlesticks confirm that correction continues.
H1 chart of USD/JPY shows support from new upper Window. Shooting Star pattern indicates correction; 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.
