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Technical Analysis
Technical Analysis by RoboForex
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[QUOTE="RoboForex, post: 108635, member: 38751"] [SIZE=6][B]Japanese Candlesticks Analysis 29.08.2016 (EUR/USD, USD/JPY)[/B][/SIZE] [SIZE=5][B] EUR USD, “Euro vs. US Dollar”[/B][/SIZE] At the H4 chart of EUR USD, Meeting Lines pattern indicates that the ascending correction continues. The upside Window provided resistance; the one in the middle may provide support. Three Line Break chart and Heiken Ashi candlesticks show a bearish direction. [IMG]http://www.roboforex.ru/files/analitics/07072016/2908eurusdh4.png[/IMG] At the H1 chart of EUR USD, Hammer pattern indicates that the sideways correction continues. The downside Window is a support level. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a possible bullish pullback. [IMG]http://www.roboforex.ru/files/analitics/07072016/2908eurusdh1.png[/IMG] [SIZE=5][B] USD JPY, “US Dollar vs. Japanese Yen”[/B][/SIZE] At the H4 chart of USD JPY, the downside Window provided support. Engulfing Bullish pattern indicated an ascending movement. The Window in the middle was broken; it may provide support as well. Three Line Break chart and Heiken Ashi candlesticks show a bullish direction. [IMG]http://www.roboforex.ru/files/analitics/07072016/2908usdjpyh4.png[/IMG] [B]RoboForex Analytical Department[/B] [/QUOTE]
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