Japanese Candlesticks Analysis 27.03.2017 (EUR/USD, USD/JPY)

27.03.2017

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bullish Hammer pattern and a new Window indicated that the ascending tendency continues. There are no reversal patterns right now. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction. 

At the H1 chart of EUR USD, the bullish tendency continues. A new Window appeared; the upside one is a support level. 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, Engulfing Bearish and Harami patterns indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

 

RoboForex Analytical Department

 

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.