Analysis for June 24th, 2014
EUR USD, “Euro vs US Dollar”
At H4 chart of EURUSD we see descending move after bearish tweezers. Three-Line break shows descending trend, bullish Harami and Heiken Ashi candlesticks confirm ascending correction.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/18/candle_2406eurh4.png)
At H1 chart of EURUSD trend is going up, upper Window is considered to be a resistance. Three-Line break shows descending correctional move, bullish engulfing pattern and Heiken Ashi candlesticks confirm ascending trend continuation.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/27/candle_2406eurh1.png)
USD JPY, “US Dollar vs Japanese Yen”
H4 chart of USDJPY indicates sideways action, candlectick patterns are ambiguous, lower Window has provided support. Three-Line break indicates continuation of sideways action, Heiken Ashi indicate ascending impulse.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/42/candle_2406jpyh4.png)
At H1 chart, support provided from lower Window has the shape of bullish tweezers. Three-Line break and Heiken Ashi candlesticks confirm ascending trend.
RoboForex Analytical Department