Analysis for January 27th, 2016
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows a sideways tendency. Three Methods patterns indicate an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish movement.
At the H1 chart of EUR USD, Tower and Three Methods patterns indicated an ascending movement. Three Line Break chart shows 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 correction within the downtrend. Hammer pattern indicates a bullish pullback and that the correction continues. Tower and Three Methods patterns, along with Three Line Break chart and Heiken Ashi candlesticks, confirm a descending movement.
RoboForex Analytical Department
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.