Japanese Candlesticks Analysis 05.06.2015 (EUR/USD, USD/JPY)
05.06.2015
Analysis for June 5th, 2015
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows a correction, which is indicated by Harami pattern. The closest Window provides support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
At The H1 chart of EUR USD, Hammer pattern indicates that an ascending tendency continues. The upper Window provides support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish tendency.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows the uptrend. Three Line Break chart indicates that the current correction may continue; Three Methods continuation pattern and Heiken Ashi candlesticks confirm an ascending movement.
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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.