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Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Japanese Candlesticks Analysis 25.01.2013 (EUR/USD, USD/JPY)

Japanese Candlesticks Analysis 25.01.2013 (EUR/USD, USD/JPY)

25.01.2013
0

Analysis for January 25th, 2013

EUR/USD

The H4 chart of the EUR/USD currency pair shows a bullish tendency on the ascending trend, which continued after Tweezers pattern. Three Methods 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 ascending trend. The upper Window was broken, now it’s a support level. Tweezers pattern, 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 bullish tendency on the ascending trend. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; Advance Block and Max 8 patterns indicate a possible correction.



The H1 chart of the USD/JPY currency pair shows a bullish tendency, which continued after Tweezers patterns. Harami pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement; Max 13 pattern indicates a possible correction.



 
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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 LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.