Article By RoboForex.com
Analysis for December 19th, 2013
EUR/USD
H4 chart of EUR/USD shows descending correction, which started after Tower and Tweezers patterns. Three Line Break chart and Heiken Ashi candlesticks confirm bearish tendency.
H1 chart of EUR/USD shows bearish tendency, which is indicated by Tweezers pattern. Three Line Break chart confirms descending movement; Harami pattern and Heiken Ashi candlesticks indicate bullish pullback.
USD/JPY
H4 chart of USD/JPY shows bullish tendency within ascending trend. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of USD/JPY shows correction within ascending trend, which is indicated by Tweezers pattern. Three Line Break chart confirms current trend; Heiken Ashi candlesticks indicate that correction continues.
RoboForex Analytical Department
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
