Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Japanese Candlesticks Analysis 07.10.2015 (EUR/USD, USD/JPY)
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back




Japanese Candlesticks Analysis 07.10.2015 (EUR/USD, USD/JPY)

07.10.2015

Analysis for October 7th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the Window in the middle provides support. Three Line Break chart indicates a bullish movement; bearish Tower and Doji patterns, as well as Heiken Ashi candlesticks, show a descending movement.



At the H1 chart of EUR USD, Engulfing Bearish and Belt Hold patterns, along with Three Line Break chart and Heiken Ashi candlesticks, indicate a descending movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bearish Doji and Three Methods continuation pattern, along with Three Line Break chart and Heiken Ashi candlesticks, confirm a descending movement towards bullish Harami pattern.



 
RoboForex Analytical Department

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Members Area.

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.