Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Japanese Candlesticks Analysis 03.09.2012 (EUR/USD, USD/JPY)

Japanese Candlesticks Analysis 03.09.2012 (EUR/USD, USD/JPY)

03.09.2012

Analysis for September 3rd, 2012

EUR/USD

The H4 chart of the EUR/USD currency pair shows a correction on the ascending trend. The closest Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirms the current trend.



The H1 chart of the EUR/USD currency pair shows a correction on the ascending trend, which is indicated by High Wave 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 bearish tendency. The closest Window is a resistance level. Tweezers pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.



The H1 chart of the USD/JPY currency pair shows a bearish tendency on the descending trend, which is indicated by Engulfing Bearish pattern. Three Line Break chart confirms a descending movement, Heiken Ashi candlesticks indicate a bullish pullback.

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.