Japanese Candlesticks Analysis 16.03.2017 (EUR/USD, USD/JPY)

16 марта 2017 - Fx4News

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Shooting Star and Harami patterns indicate a descending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction. 

At the H1 chart of EUR USD, bearish Shooting Star pattern indicated a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a descending pullback. The upside Window is a support level.

 

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bullish Hammer pattern indicates an ascending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

 

RoboForex Analytical Department