Japanese Candlesticks Analysis 10,05.2013 (EUR/USD, USD/JPY)
10.05.2013
Weekly Analysis, May 10th, 2013
EUR/USD
The weekly chart of the EUR/USD currency pair shows a sideways tendency. The closest Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; Shooting Star pattern indicates a bearish mood.
The daily chart of the EUR/USD currency pair also shows a sideways tendency. The closest Window is a support level. Three Line Break chart indicates an ascending movement; Shooting Star, Evening Star patterns, and Heiken Ashi candlesticks confirm a descending movement.
USD/JPY
The weekly chart of the USD/JPY currency pair shows the ascending trend. The closest Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; the lower border of Three Methods pattern is a support level.
The daily chart of the USD/JPY currency pair shows a bullish tendency on the ascending trend. Tweezers and Mat Hold patterns, as well as Three Line Break chart and Heiken Ashi candlesticks, confirm the current tendency.
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