Japanese Candlesticks Analysis 03.09.2013 (EUR/USD, USD/JPY)
03.09.2013
Analysis for September 3rd, 2013
EUR/USD
At the H4 chart of the EUR/USD currency pair, the closest Window is a resistance level; Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
The H1 chart of the EUR/USD currency pair shows a bearish tendency on the descending trend. Three Line Break chart and Heiken Ashi candlesticks indicate a descending movement.
USD/JPY
The H4 chart of the USD/JPY currency pair shows a sideways correction. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; Harami pattern near the Window indicates a bearish mood.
The H1 chart of the USD/JPY currency pair shows a bullish tendency. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; Shooting Star pattern indicates a possible correction.
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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.