Japanese Candlesticks Analysis 26.03.2015 (EUR/USD, USD/JPY)
26.03.2015
Analysis for March 26th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, a bullish tendency continues. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of EUR USD shows a bearish movement, which is confirmed by Evening Star pattern, Three Line Break chart, and Heiken Ashi candlesticks.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bearish tendency. Three Line Break chart and Heiken Ashi candlesticks confirm a descending tendency; Hammer pattern indicates a possible bullish pullback.
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.