Article By RoboForex.com
Analysis for June 30th, 2014
EUR USD, “Euro vs US Dollar”
H4 chart of EUR USD shows ascending tendency, which continues after bullish Harami pattern. Three Line Break chart indicates descending correction; Three Methods pattern and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of EUR USD shows ascending movement, which continues after Morning Star pattern. Three Line Break chart and Heiken Ashi candlesticks confirm bullish movement.
USD JPY, “US Dollar vs Japanese Yen”
H4 chart of USD JPY shows bearish tendency. Three Methods continuation pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm descending movement.
H1 chart of USD JPY shows descending trend. Three Line Break chart confirms descending movement; bullish Tower pattern and Heiken Ashi candlesticks indicate possibility of bullish pullback.
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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.
