Article By RoboForex.com
Analysis for April 22nd, 2015
EUR USD, “Euro vs. US Dollar”
As we can see at the H4 chart of EUR USD, the correction within the downtrend continues. Morning Star Doji pattern indicates an ascending movement. Three Line Break chart shows a bearish movement; Heiken Ashi candlesticks confirm an ascending movement.
At the H1 chart of EUR USD, Belt Hold pattern indicates a bullish tendency. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
USD JPY, “US Dollar vs. Japanese Yen”
As we can see at the H4 chart of USD JPY, the price has formed bearish Evening Star pattern close to Moving Averages. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
RoboForex Analytical Department
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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.
