Japanese Candlesticks Analysis 17.04.2013 (EUR/USD, USD/JPY)
17.04.2013
Analysis for April 17th, 2013
EUR/USD
The H4 chart of the EUR/USD currency pair shows a bullish tendency. The closest Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of the EUR/USD currency pair shows a sideways correction on the ascending trend, which is indicated by Doji 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 the ascending trend, which continued after High Wave and Morning Star patterns. The closest Window is broken; now it’s a support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of the USD/JPY currency pair shows a bullish tendency. The closest Window is a support level. Three Methods continuation pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.
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