Japanese Candlesticks Analysis 23.12.2014 (EUR/USD, USD/JPY)
23.12.2014
Analysis for December 23rd, 2014
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, a bearish tendency continues. Three Methods pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows a bearish tendency, which continued after Doji pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency, which is indicated by the third straight bullish Three Methods pattern. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
RoboForex Analytical Department
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.