Analysis for December 17th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Hammer pattern indicates a bullish pullback. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
The H1 chart of EUR USD shows a bearish tendency. Harami pattern indicates an ascending correction. Three Line Break chart shows a descending tendency; and Heiken Ashi candlesticks confirm a bullish direction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, Harami pattern near the middle Window shows a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
RoboForex Analytical Department