Analysis for December 13th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bearish Harami and Doji reversal patterns indicate a descending movement. The closest Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
At the H1 chart of EUR USD, bearish Tweezers pattern indicates a descending correction. The closest Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the uptrend continues. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks indicate an ascending movement.
RoboForex Analytical Department