Japanese Candlesticks Analysis 08.10.2015 (EUR/USD, USD/JPY)
08.10.2015
Analysis for October 8th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the upper Window provided support. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
At the H1 chart of EUR USD, bullish High Wave close to the upper Window (support level), Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending 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
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.