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Japanese Candlesticks Analysis 05.10.2015 (EUR/USD, USD/JPY)

05.10.2015

Analysis for October 5th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the lower Window provided support. Three Methods pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.



At the H1 chart of EUR USD, the upper Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm that the ascending tendency continues.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the closest Window provides resistance. Three Line Break chart shows a bearish direction, bullish Harami pattern and Heiken Ashi candlesticks confirm an ascending movement.



 
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