Japanese Candlesticks Analysis 27,06.2013 (EUR/USD, USD/JPY)
27.06.2013
Analysis for June 27th, 2013
EUR/USD
The H4 chart of the EUR/USD currency pair shows a bearish tendency. The closest Window is a support level. Three Line Break chart confirms a descending movement; Heiken Ashi candlesticks indicate a bullish pullback.
The H1 chart of the EUR/USD currency pair shows a correction on the descending trend. A new Window is a resistance 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 the resistance of the closest Window. Evening Star pattern and Three Line Break chart confirm a descending movement; Heiken Ashi candlesticks indicate a possible bullish pullback.
The H1 chart of the USD/JPY currency pair shows a sideways correction on the ascending trend. Harami and Hammer patterns, along with Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
RoboForex Analytical Department
Attention!
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.