Analysis for August 15th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bearish Harami pattern indicates a descending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a possible pullback upwards.
At the H1 chart of EUR USD, Harami and Three Black Crows patterns showed a descending movement. The upside Window is a support levels. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bearish tendency. Harami pattern indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
RoboForex Analytical Department
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