Analysis for December 14th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bearish Harami pattern indicates a descending movement. The closest Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks show a bearish direction.
At the H1 chart of EUR USD, the upside Window provided resistance. Three Line Break chart indicates that the uptrend; Three Methods patterns and Heiken Ashi candlesticks confirm that the descending correction continues.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, Harami and Hammer patterns indicate an ascending movement. The closest Window provided support. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.
RoboForex Analytical Department
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