Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Japanese Candlesticks Analysis 17.01.2013 (EUR/USD, USD/JPY)

Japanese Candlesticks Analysis 17.01.2013 (EUR/USD, USD/JPY)

17.01.2013
0

Analysis for January 17th, 2013

EUR/USD

The H4 chart of the EUR/USD currency pair shows a correction on the ascending trend. Tweezers pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.



The H1 chart of the EUR/USD currency pair also shows the end of a correction, which is indicated by Tweezers and Tower patterns near the support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.



USD/JPY

The H4 chart of the USD/JPY currency pair shows a correction on the ascending trend, which is indicated by Morning Star pattern. Three Line Break chart indicates a bearish tendency; Hammer pattern and Heiken Ashi candlesticks confirm a bullish mood.



The H1 chart of the USD/JPY currency pair shows a bullish tendency, which is indicated by Hammer and Morning Star patterns. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.



 
RoboForex Analytical Department

Dear reader!

You can view without authorization no more than two events per day and no more than 10 per month. To continue reading analysis, register or log in to your live account.

RSS 

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.