Japanese Candlesticks Analysis 03.03.2017 (EUR/USD, USD/JPY)

3 марта 2017 - Fx4News

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows the downtrend. Bullish Doji pattern indicates an ascending correction. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback. 

At the H1 chart of EUR USD, bullish Hammer and Three Methods patterns indicate an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish pullback.

 

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bearish High Wave pattern indicated a descending correction. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback. The upside Window is a resistance level.

 

RoboForex Analytical Department