Japanese Candlesticks Analysis 04.11.2014

November 4, 2014

EUR USD, “Euro vs US Dollar”

The H4 chart of EUR USD shows the downtrend; Harami pattern indicates a correction. The closest Window is still open. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.

The H1 chart of EUR USD shows a correction within the downtrend, which is indicated by Morning tar pattern. The new lower Window is a resistance level. Three Line Break indicates the downtrend; Heiken Ashi candlesticks confirm a bullish correction.

USD JPY, “US Dollar vs Japanese Yen”

The H4 chart of USD JPY shows a bullish tendency. The new upper Window is open. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.

RoboForex Analytical Department

Publication source
RoboForex information  RoboForex reviews

December 7, 2016
GBP falls as industrial & manu. production miss
The pound has come under pressure in London trading today. EURGBP buying has been a driver, with the cross rallying some 0.5% to a peak of 0.8510, since ebbing to around 0.8490. Gains failed to sustain above the 20-day moving average, which is at 0.8503...
December 7, 2016
Unexpected fall in UK economic indicators
This morning saw a substantial drop in both the manufacturing production and industrial production in the UK for the month of October which comes as a timely reminder that the economy remains vulnerable. The pound ended its recent rise against the US dollar yesterday after hitting a 2-month high...
December 7, 2016
U.S. dollar recovers from Monday lows
The U.S. dollar index managed to recover from a 14-day low on Monday at 99.87 with prices turning bullish yesterday. However, the gains remain limited within Monday's range with further upside likely to see the 100.80 resistance being established...

Grand Capital Rating
XM Rating
OANDA Rating
Trade360 Rating
HotForex Rating
FxPro Rating

24option Rating
Empire Option Rating
Beeoptions Rating
OptionFair Rating
Grand Option Rating
365BinaryOption Rating