Japanese Candlesticks Analysis 12.11.2014 (EUR/USD, USD/JPY)

November 12, 2014

Article By RoboForex.com

Analysis for November 12th, 2014

EUR USD, “Euro vs US Dollar”

The H4 chart of EUR USD shows the downtrend. Three Line Break chart indicates the downtrend; Engulfing Bullish pattern and Heiken Ashi candlesticks confirm a descending movement.

The H1 chart of EUR USD shows a bullish tendency within the downtrend. Hammers pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.

USD JPY, “US Dollar vs Japanese Yen”

At the H4 chart of USD JPY, the new upper Window is still open. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.

RoboForex Analytical Department

Free Reports:

Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter





Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.




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.

 

 

 

 

12 years ago