Japanese Candlesticks Analysis 27.09.2013 (EUR/USD, USD/JPY)
27.09.2013
Analysis for September 27th, 2013
EUR/USD
The H4 chart of the EUR/USD currency pair shows a sideways correction. Tweezers and Harami patterns indicate a bullish movement. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of the EUR/USD currency pair show a bullish tendency, which is indicated by Piercing Line (Break In The Clouds) pattern. Three Line Break chart indicates a correction; Heiken Ashi candlesticks confirm an ascending movement.
USD/JPY
At the H4 chart of the USD/JPY currency pair, the upper Window is a resistance level. Engulfing Bullish pattern and Three Line Break chart indicate an ascending movement; Heiken Ashi candlesticks confirm a bearish pullback.
At the H1 chart of the USD/JPY currency pair, the upper Window is a resistance level. Three Line Break chart indicates an ascending movement; Heiken Ashi candlesticks confirm the trend.
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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.