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/ Japanese Candlesticks Analysis 05.09.2012 (EUR/USD, USD/JPY)
Japanese Candlesticks Analysis 05.09.2012 (EUR/USD, USD/JPY)
05.09.2012
Analysis for September 5th, 2012
EUR/USD
The H4 chart of the EUR/USD currency pair shows a correction on the ascending trend. The upper border of a large Window is a resistance level. Bearish Tweezers pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of the EUR/USD currency pair shows a bearish tendency, which is indicated by Tweezers and Shooting Star patterns. Three Line Break chart and Heiken Ashi candlesticks confirm a descending 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 and Three Line Break chart indicate a bullish pullback, Heiken Ashi candlesticks confirm the tendency.
The H1 chart of the USD/JPY currency pair shows a correction on the descending trend. Engulfing Bearish pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm the current trend.
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.
ROBOFOREX LP is a member of the Financial Services Complaints Ltd.,
a government organization, and is registered as a financial services
provider in the Financial Service Provider Register New Zealand
with registration number FSP246525.
a government organization, and is registered as a financial services
provider in the Financial Service Provider Register New Zealand
with registration number FSP246525.
