Japanese Candlesticks Analysis 31.05.2017 (EUR/USD, USD/JPY)

31 мая 2017 - Fx4News

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, High Wave pattern indicated an ascending movement. The Window in the middle provided support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

At the H1 chart of EUR USD, the price may form bullish Three Methods continuation pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

 

USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bearish tendency. There are no bullish reversal patterns. The downside Window is a support level. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm that the descending tendency continues.

 

RoboForex Analytical Department