Japanese Candlesticks Analysis 13.02.2017 (EUR/USD, USD/JPY)

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the correction below the downside Window continues. Harami and High Wave patterns indicate an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending movement. 

At the H1 chart of EUR USD, bullish Hammer patterns indicate that the correction within the downtrend continues. The Window in the middle is a resistance level. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm that the ascending correction continues.

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bearish Harami pattern indicates a descending correction. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a descending movement.

RoboForex Analytical Department