Japanese Candlesticks Analysis 12.08.2014 (EUR/USD, USD/JPY)

August 12, 2014

Article By RoboForex.com

Analysis for August 12th, 2014

EUR USD, “Euro vs US Dollar”

The H4 chart of EUR USD shows a bearish tendency. Lower Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.

At the H1 chart of EUR USD, Three Methods continuation pattern indicates that a bearish tendency continues. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.

USD JPY, “US Dollar vs Japanese Yen”

The H4 chart of USD JPY shows a bullish tendency, which continues after Mat Hold continuation pattern. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.

RoboForex Analytical Department

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Article By RoboForex.com

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