Japanese Candlesticks Analysis 10.05.2017 (EUR/USD, USD/JPY)

10 мая 2017 - Fx4News

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the correction within the uptrend continues. The downside Window is a support level. Three Methods continuation pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

At the H1 chart of EUR USD, bearish Tweezers reversal pattern indicated a descending movement. The Window in the middle provided support. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

 

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the upside Window is a resistance level. Engulfing Bearish pattern indicates a pullback to the downside. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

 

RoboForex Analytical Department