Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Roboforex is an official sponsor
of "Starikovich-Heskes Team"
at the Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Japanese Candlesticks Analysis 27.07.2016 (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 27.07.2016 (EUR/USD, USD/JPY)

27.07.2016

Analysis for July 27th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the downtrend continues. Engulfing Bearish pattern near the downside Window (a resistance level) indicates a descending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm that the ascending correction continues.



At the H1 chart of EUR USD, bearish Harami pattern shows a bearish pullback. The downside Window provides resistance. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm the ascending correction. 




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bullish Doji and Tower patterns indicated an ascending movement. The downside Window provided support. Shooting Stars pattern shows a possible bearish pullback. Three Line Break chart indicates a bearish direction; and Heiken Ashi candlesticks confirm an ascending movement.



 
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.