Japanese Candlesticks Analysis 02.04.2014 (EUR/USD, USD/JPY)
02.04.2014
Analysis for April 2nd, 2014
EUR USD, “Euro vs US Dollar”
H4 chart of EUR USD shows bullish tendency. Closest Windows are support levels. Three Methods pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of EUR USD shows correction. Upper Window is support level. Three Line Break chart and Heiken Ashi candlesticks confirm correction.
USD JPY, “US Dollar vs Japanese Yen”
H4 chart of USD JPY shows bullish tendency. Upper Window is resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of USD JPY shows bullish tendency. Three Methods pattern and Three Line Break chart confirm ascending movement; Heiken Ashi candlesticks indicate possibility of correction.
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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.