Japanese Candlesticks Analysis 25.10.2013 (EUR/USD, USD/JPY)
25.10.2013
Analysis for October 25th, 2013
EUR/USD
The H4 chart of the EUR/USD currency pair shows a bullish tendency, which is indicated by Three Methods pattern. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of the EUR/USD currency pair shows a correction, which is indicated by Tweezers pattern. 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 bearish tendency 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 on the descending trend. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
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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.