Japanese Candlesticks Analysis 29.05.2017 (EUR/USD, USD/JPY)

29.05.2017

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Tweezers and Doji patterns indicated a sideways correction within the uptrend. The Window in the middle is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

At the H1 chart of EUR USD, bullish Tweezers pattern indicates an ascending movement. The downside Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm the ascending movement.

 

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the sideways correction continues. The Window in the middle is a support level. The patterns are directed in opposite directions. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.

 

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