Article By RoboForex.com
Analysis for July 25th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the downtrend continues. Tweezers pattern shows an ascending movement. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.
At the H1 chart of EUR USD, Hammer and Tower patterns showed an ascending correction. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm a bullish correction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, bearish Harami pattern indicated a descending correction. The downside Window provides support. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback.
RoboForex Analytical Department
Article By RoboForex.com
Free Reports:
Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
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.
