Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Japanese Candlesticks Analysis 19.02.2016 (EUR/USD, USD/JPY)
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back




Japanese Candlesticks Analysis 19.02.2016 (EUR/USD, USD/JPY)

19.02.2016

Analysis for February 19th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Three Methods patterns indicated a correction close to the downside Window. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm that the Window provides support.



At the H1 chart of EUR USD, bullish Three Methods pattern indicates that an ascending correction continues. The closest Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Tower and Doji patterns indicated a descending movement towards the downside Window, which provides support. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction; Harami pattern near the Window indicates a possible bullish pullback.



 
RoboForex Analytical Department

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Members Area.

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.