Japanese Candlesticks Analysis 21,06.2013 (EUR/USD, USD/JPY)
21.06.2013
Analysis for June 21st, 2013
EUR/USD
The H4 chart of the EUR/USD currency pair shows a correction, which started after Tower pattern. The closest Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of the EUR/USD currency pair shows a sideways correction, which started after Engulfing Bullish pattern. Three Line Break chart indicates the correction; Heiken Ashi candlesticks confirm a descending movement.
USD/JPY
The H4 chart of the USD/JPY 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 USD/JPY currency pair shows a sideways correction on the ascending trend. Three Line Break chart and Heiken Ashi candlesticks are directed in different directions, which means that the correction continues.
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