Analysis for December 30th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, there are no reversal pattern; candlesticks are bullish. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
At the H1 chart of EUR USD, Harami pattern indicates that the bullish tendency continues. 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, Engulfing Bullish and Hammer patterns show a pullback upwards. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.
RoboForex Analytical Department