Japanese Candlesticks Analysis 02.03.2017 (EUR/USD, USD/JPY)

2 марта 2017 - Fx4News

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Three Line Strike continuation pattern indicates that the downtrend continues. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a descending movement. 

At the H1 chart of EUR USD, bearish Hanging Man pattern indicated a descending movement. Three Line Break chart confirm a bearish direction; Heiken Ashi candlesticks shows a possible bullish pullback.

 

USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bullish tendency. Hammer pattern indicated an ascending movement. There are no reversal patterns right now. Three Line Break and Heiken Ashi candlesticks confirm the ascending movement.

 

RoboForex Analytical Department