Japanese Candlesticks Analysis 25.04.2017 (EUR/USD, USD/JPY)

25 апреля 2017 - Fx4News

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the new Window to the upside is still open. Bearish Belt Hold pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction. 

At the H1 chart of EUR USD, Engulfing Bearish pattern shows a descending correction. The Window in the middle provided support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

 

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, there are no reversal patterns; candlesticks are bullish. The new Window provided support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

 

RoboForex Analytical Department