Japanese Candlesticks Analysis 26.09.2016 (EUR/USD, USD/JPY)

26.09.2016

Analysis for September 26th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bullish Harami and Inverted Hammer patterns indicate an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending movement.



At the H1 chart of EUR USD, Engulfing Bullish pattern indicates an ascending movement. Three Line Break chart and Heiken Ashi candlesticks show a bullish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the downside Window may provide support. Bearish Shooting Star pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



 
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.