Japanese Candlesticks Analysis 02.10.2013 (EUR/USD, USD/JPY)
02.10.2013
Analysis for October 2nd, 2013
EUR/USD
The H4 chart of the EUR/USD currency pair shows a bullish tendency on the ascending trend. The upper Window is a support level. Three Line Break chart indicates a correction; Heiken Ashi candlesticks confirm an ascending movement.
At the H1 chart of the EUR/USD currency pair, the closest Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
USD/JPY
At the H4 chart of the USD/JPY currency pair, the lower Window is broken. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of the USD/JPY currency pair show a bearish tendency the descending trend. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
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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.