Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Roboforex is an official sponsor
of "Starikovich-Heskes Team"
at the Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Japanese Candlesticks Analysis 31.03.2016 (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 31.03.2016 (EUR/USD, USD/JPY)

31.03.2016

Analysis for March 31st, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the bullish tendency continues. The upside Window was broken; now it’s a support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; Three Methods pattern shows an ascending movement towards resistance from the daily Window.



At the H1 chart of EUR USD, bullish Tweezers and Three White Soldiers patterns indicate an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Evening Star and Three Black Crows patterns indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction. The closest Window provides resistance.



 
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.