Japanese Candlesticks Analysis 11.10.2013 (EUR/USD, USD/JPY)
11.10.2013
Analysis for October 11th, 2013
EUR/USD
The H4 chart of the EUR/USD currency pair shows a bullish tendency. The closest Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of the EUR/USD currency pair also shows a bullish tendency. The closest Window is broken, it’s a support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
USD/JPY
The H4 chart of the USD/JPY currency pair shows a bullish tendency. The closest Windows may become support levels. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of the USD/JPY currency pair also show a bullish tendencyaHa. The closest Windows are support/resistance levels. Three Line Break chart confirms an ascending movement; Heiken Ashi candlesticks indicate a possible resistance of the upper Window.
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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.