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 10.10.2013 (EUR/USD, USD/JPY)

Japanese Candlesticks Analysis 10.10.2013 (EUR/USD, USD/JPY)

10.10.2013
0

Analysis for October 10th, 2013

EUR/USD

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



The H1 chart of the EUR/USD currency pair shows also a bullish movement, which is indicated by Hammer and Harami patterns. The closest Window is a 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 an ascending correction, which continued after Three Methods pattern. The upper Windows are resistance levels. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.



The H1 chart of the USD/JPY currency pair show a bullish tendencyaHa. The closest Window may become a resistance level. 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.