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Japanese Candlesticks Analysis 14.10.2015 (EUR/USD, USD/JPY)

14.10.2015

Analysis for October 14th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Three Methods pattern indicates an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



As we can see at the H1 chart of EUR USD, the bullish tendency continues after Hammer pattern. The upper Window provided support. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bearish tendency. The closest Window provided resistance. Bullish Harami indicates a possible bullish pullback. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.



 
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