Japanese candles analysis of EUR/USD and USD/JPY for 13.07.2015
13.07.2015
Japanese candles analysis for 13 July 2015
EUR USD "Eurodollar"
On the 4-hour graph the Eurodollar Harami model indicates a downward direction. Graph 3 - the line break and Heiken Ashi candles confirm the bearish trend.
On the hourly chart of the Eurodollar the Shooting Star at the resistance level of Window and the Bearish engulfing pointed in the downward direction. The 3-line break graph and Heiken candles show a bearish indication.
USD JPY "Dollar yen"
On the 4-hour USD/JPY graph the Tower model at the lower support of Window pointed in the upward direction, and the top window is the resistance. The graph of the 3 line break and Heiken Ashi candles confirm the bullish trend.
EUR USD "Eurodollar"
On the 4-hour graph the Eurodollar Harami model indicates a downward direction. Graph 3 - the line break and Heiken Ashi candles confirm the bearish trend.
On the hourly chart of the Eurodollar the Shooting Star at the resistance level of Window and the Bearish engulfing pointed in the downward direction. The 3-line break graph and Heiken candles show a bearish indication.
USD JPY "Dollar yen"
On the 4-hour USD/JPY graph the Tower model at the lower support of Window pointed in the upward direction, and the top window is the resistance. The graph of the 3 line break and Heiken Ashi candles confirm the bullish trend.
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.