Japanese Candlestick Analysis for EURUSD and USDJPY: 26/03/2019

EURUSD

On H4, the pair is testing the support and forming reversal patterns, such as hammer and doji, after correction. By analyzing the previous moves, one can assume the EURUSD may start forming a new uptrend after a pullback.

USDJPY

On H4, the pair is still testing the support and forming such reversal patterns as long doji, hammer, and inverted hammer. By analyzing the previous moves, one can assume the USDJPY may continue uptrending once the pullback is over.