Japanese Candlesticks Analysis 30.09.2013 (EUR/USD, USD/JPY)
30.09.2013
Analysis for September 30th, 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 confirms an ascending movement; Heiken Ashi candlesticks indicate a possible bearish pullback.
The H1 chart of the EUR/USD currency pair show a bullish tendency, which is indicated by Tweezers pattern, Three Line Break chart, and Heiken Ashi candlesticks.
USD/JPY
At the H4 chart of the USD/JPY currency pair, the lower Window is a support level. The new Window, Three Line Break chart, and Heiken Ashi candlesticks confirm a bearish tendency.
At the H1 chart of the USD/JPY currency pair, the lower Window is broken. The new Window and Three Line Break chart indicate a bearish movement; Heiken Ashi candlesticks confirm a possible bullish pullback.
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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.