Japanese Candlesticks Analysis 30.05.2017 (EUR/USD, USD/JPY)

30 мая 2017 - Fx4News

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Tweezers and Doji patterns indicate that the sideways correction within the uptrend continues. The Window in the middle is a support level. There might be Morning Star pattern and a pullback upwards. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

At the H1 chart of EUR USD, Engulfing Bullish pattern indicates an ascending movement. The Window in the middle is a support level. 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 sideways correction continues. Bullish Hammer pattern indicates a pullback to the upside. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm that the descending tendency continues.

 

RoboForex Analytical Department