Japanese Candlesticks Analysis 18.03.2015 (EUR/USD, USD/JPY)
18.03.2015
Analysis for March 18th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, a correction within the downtrend continues. Three Line Break chart indicates the downtrend; bullish Three Methods pattern and Heiken Ashi candlesticks confirm that the correction continues.
The H1 chart of EUR USD shows a sideways correction within the downtrend. Three Line Break chart and Heiken Ashi candlesticks indicate a bearish movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, a sideways correction within the uptrend continues. The closest Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a descending correction.
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