Japanese Candlesticks Analysis 14.04.2015

Japanese Candlesticks Analysis (EUR/USD, USD/JPY)

Forex Trading | Forex News Daily Update |FXTM Online Analysis Department.

Euro vs. US Dollar

The H4 chart of EUR USD shows a bearish tendency. Hammer pattern indicates that the Window may provide support again. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.



The H1 chart of EUR USD shows the downtrend. A new Window is a resistance level. Bullish Harami patterns indicate an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.

US Dollar vs. Japanese Yen

The H4 chart of USD JPY shows a sideways correction. Engulfing Bearish patterns ruined bullish scenario. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.



 

Forex Trading | Forex News Daily Update |FXTM Online Analysis Department.