Article By RoboForex.com
Analysis for July 3rd, 2014
EUR USD, “Euro vs US Dollar”
H4 chart of EUR USD shows ascending movement, which is indicated by bullish Harami and Tower patterns. Three Line Break chart indicates ascending trend; Heiken Ashi candlesticks confirm ascending trend.
H1 chart of EUR USD shows ascending tendency, which started after Harami and Engulfing Bullish patterns. Three Line Break chart indicates descending movement towards support from lower Window; Heiken Ashi candlesticks confirm that bullish tendency continues.
USD JPY, “US Dollar vs Japanese Yen”
H4 chart of USD JPY shows bullish tendency, which started after Harami and Morning Star patterns. Closest Window is broken upwards; now it’s support level. Three Line Break chart and Heiken Ashi candlesticks confirm bullish movement.
At H1 chart of USD JPY, bullish Three Methods pattern indicates that price broke closest Window upwards. Three Line Break chart and Heiken Ashi candlesticks confirm bullish movement.
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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.
