EUR USD, “Euro vs. US Dollar”
At the H4 chart, the EUR/USD pair continues falling. By now, the price has completed a slight correction with Hanging Man and Engulfing patterns at the top. These patterns may indicate that the correction is over and the instrument may continue trading to the downside.
USD JPY, “US Dollar vs. Japanese Yen”
As we can see at the H4 chart, the USD/JPY pair is moving downwards and forming slight corrections with reversal patterns at their tops. We may assume that the price is starting a new downtrend.
RoboForex Analytical Department