Analysis for June 23th, 2014
EUR USD, “Euro vs US Dollar”
At H4 chart of EURUSD price has gone downwards after bearish tweezers. Three-Line break and Three methods show decline, Heiken Ashi candlesticks confirm possibility of bullish correction continuation.
At H1 chart of EURUSD, lower Window is considered to be a support area. Three-Line break, Shooting star, Tower and Heiken Ashi candlesticks confirm downtrend.
USD JPY, “US Dollar vs Japanese Yen”
H4 chart of USDJPY downtrend is developing after Doji Evening star. Three-Line break and Heiken Ashi candlesticks confirm descending destination.
At H1 chart, lower Window is considered to be a support. Three-line break and Heiken Ashi candlesticks confirm bearish destination
RoboForex Analytical Department