Japanese Candlesticks Analysis 15.04.2013 (EUR/USD, USD/JPY)
15.04.2013
Analysis for April 15th, 2013
EUR/USD
The H4 chart of the EUR/USD currency pair shows a correction on the ascending trend, which started after Tweezers pattern. The closest Window is a support level. Three Line Break chart indicates an ascending movement; Tweezers pattern and Heiken Ashi candlesticks confirm the correction.
The H1 chart of the EUR/USD currency pair shows a sideways tendency. The upper level of the closest Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
USD/JPY
The H4 chart of the USD/JPY currency pair shows a correction on the ascending trend. The closest Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm the correction.
The H1 chart of the USD/JPY currency pair shows a bearish tendency. The closest Window is a support level. Three Methods pattern, 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.