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Market Analysis & Forecasts
Japanese candlesticks analysis for EUR/USD and USD/JPY on 24.02.2016
24.02.2016
Candlesticks analysis on 24 February 2016
EUR USD "Euro dollar"
On the 4-hour euro dollar chart, the bearish Three methods indicate the direction down, the Window nearest to the price shows resistance. The 3-line break chart and Heiken Ashi candles have a bearish indication.
On the hourly euro dollar chart, there is a lateral correction, the upper level of the lower Window showed resistance. The 3-line break chart and Heiken Ashi candles confirm the bearish trend.
USD JPY "Доллар иена"
On the 4-hour dollar yen chart there is a bearish trend, the model of Three methods indicated a direction down, the lower Window is broken through and shows resistance. The 3-line break chart and Heiken Ashi candles show a bearish indication.
EUR USD "Euro dollar"
On the 4-hour euro dollar chart, the bearish Three methods indicate the direction down, the Window nearest to the price shows resistance. The 3-line break chart and Heiken Ashi candles have a bearish indication.
On the hourly euro dollar chart, there is a lateral correction, the upper level of the lower Window showed resistance. The 3-line break chart and Heiken Ashi candles confirm the bearish trend.
USD JPY "Доллар иена"
On the 4-hour dollar yen chart there is a bearish trend, the model of Three methods indicated a direction down, the lower Window is broken through and shows resistance. The 3-line break chart and Heiken Ashi candles show a bearish indication.
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.