Japanese Candlesticks Analysis 26.04.2017 (EUR/USD, USD/JPY)

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the new Window to the upside is still open. Bearish Tower pattern indicates a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback towards support from the upside Window. 

At the H1 chart of EUR USD, Engulfing Bearish, Tweezers, and Three Black Crows patterns show a descending movement. The upside Window is a support level. Three Line Break chart and Heiken Ashi candlesticks indicate a bearish direction.

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bearish Shooting Star pattern indicates a pullback to the downside. The new Window is still open. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

RoboForex Analytical Department