Article By RoboForex.com
EURUSD
On H4, the pair is testing the support and forming reversal patterns, such as hammer and doji, after correction. By analyzing the previous moves, one can assume the EURUSD may start forming a new uptrend after a pullback.
USDJPY
On H4, the pair is still testing the support and forming such reversal patterns as long doji, hammer, and inverted hammer. By analyzing the previous moves, one can assume the USDJPY may continue uptrending once the pullback is over.
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.
