Japanese Candlesticks Analysis 29.06.2017 (EUR/USD, USD/JPY)
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, there are no reversal patterns. The daily Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
At the H1 chart of EUR USD, bearish Doji pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm the descending correction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the upside Window is a resistance level. Bullish Three Methods pattern indicates that the Window may be broken upwards. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
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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.