Japanese Candlesticks Analysis 04.05.2017 (EUR/USD, USD/JPY)

4 мая 2017 - Fx4News

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the sideways correction continues. Patterns are directed in opposite direction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

At the H1 chart of EUR USD, Engulfing Bullish pattern, which was formed near support from the Window, indicated an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm the ascending movement.

 

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the bullish tendency continues. The upside Window was broken, now it’s a support level; there are no reversal patterns. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

 

RoboForex Analytical Department