Japanese Candlesticks Analysis 30.10.2014 (EUR/USD, USD/JPY)
30.10.2014
Analysis for October 30th, 2014
EUR USD, “Euro vs US Dollar”
The H4 chart of EUR USD shows a descending tendency, which is indicated by Shooting Star pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
The H1 chart of EUR USD shows a bearish tendency, which started after Evening Star pattern. Three Line Break and Heiken Ashi candlesticks confirm a descending movement.
USD JPY, “US Dollar vs Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency. The closest Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish 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.