Japanese Candlesticks Analysis 30.08.2013 (EUR/USD, USD/JPY)

30.08.2013

Analysis for August 30th, 2013

EUR/USD

At the H4 chart of the EUR/USD currency pair, the closest Window is a support level; Three Line Break chart and Heiken Ashi candlesticks indicate a bearish tendency.



The H1 chart of the EUR/USD currency pair shows a bullish movement, which is indicated by Tweezers pattern. However, Three Line Break chart and Heiken Ashi candlesticks indicate a bearish mood.



USD/JPY

The H4 chart of the USD/JPY currency pair shows a bearish movement, which is indicated by Doji pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.



The H1 chart of the USD/JPY currency pair shows a bearish movement, which is indicated by Shooting Star and Evening Star patterns. Three Line Break chart and Heiken Ashi candlesticks confirm a descending 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.