Analysis of Japanese candlestick for EUR/USD и USD/JPY on March 2, 2016

02.03.2016
Analysis of Japanese candlestick on March 2, 2016

EUR USD "Euro-Dollar"


Analysis of Japanese candlestick for EUR/USD и USD/JPY on March 2, 2016

The bearish trend is on the 4 hour chart of Euro-Dollar, series of continuation pattern. Three methods point the downward. The bearish indication is kept on the chart of 3-lined breakage and candles Heiken Ashi.


Analysis of Japanese candlestick for EUR/USD и USD/JPY on March 2, 2016

The side correction is developing on the one hour chart of Euro-Dollar. Three methods resist. Patterns Hammer, Harami, chart of 3-lined breakage and candles Heiken Ashi confirm the upward correction.


USD JPY "Dollar-Yen"

Analysis of Japanese candlestick for EUR/USD и USD/JPY on March 2, 2016

The gap supports and bullish Harami points the upward moves in the 4 hour chart of Dollar-Yen. Continuation pattern. Three methods, chart of 3-lined breakage and candles Heiken Ashi confirm the bullish trend.
Attention!

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.

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