Article By RoboForex.com
Analysis for August 9th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Hammer patterns indicate a pullback upwards. The Window in the middle is a support level. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.
At the H1 chart of EUR USD, Harami patterns show an ascending movement. The downside Window provides support. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the closest Window provides support. Engulfing Bearish pattern indicates a pullback downwards. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback.
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.
