Japanese Candlesticks Analysis 01.10.2014 (EUR/USD, USD/JPY)
01.10.2014
Analysis for October 1st, 2014
EUR USD, “Euro vs US Dollar”
At the H4 chart of EUR USD, a bearish tendency within the downtrend continues. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows a correction, which is indicated by Hammers pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs Japanese Yen”
The H4 chart of USD JPY shows the uptrend, which continued after Harami and Engulfing Bullish patterns. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
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