Article By RoboForex.com
Analysis for July 30th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the Window in the middle provided resistance. Bearish Harami pattern indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
At the H1 chart of EUR USD, Three Methods continuation pattern indicated that the bearish tendency continues. Three Line Break chart shows a descending movement; Hammers pattern and Heiken Ashi candlesticks confirm a bullish pullback.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the lower level of the upper Window provided support. Tower pattern near the Window indicated an ascending movement; Three Methods continuation pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm that the bullish tendency continues.
RoboForex Analytical Department
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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.
