Japanese Candlesticks Analysis 17.10.2013 (EUR/USD, USD/JPY)
17.10.2013
Analysis for October 17th, 2013
EUR/USD
At the H4 chart of the EUR/USD currency pair, the correction stopped after Tweezers pattern. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of the EUR/USD currency pair shows an ascending movement, which is indicated by Hammers pattern near the lower Window and Three methods pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish tendency.
USD/JPY
The H4 chart of the USD/JPY currency pair shows a bearish tendency, which started after Tweezers pattern. The closest Window may become a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of the USD/JPY currency pair show a bearish tendency. The lower border of the aHaWindow may become a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
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