Analysis for January 11th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Shooting Star pattern indicates a bearish pullback. Three Line Break chart shows a bullish tendency; Heiken Ashi candlesticks confirm a descending movement.
At the H4 chart of EUR USD, Shooting Star and Belt Hold patterns show a bearish movement. Three Line Break chart indicates a bullish direction; Heiken Ashi candlesticks confirm a descending movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, bullish Doji pattern shows a correction within the downtrend. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm an ascending correction.
RoboForex Analytical Department