Japanese Candlesticks Analysis 15.10.2013 (EUR/USD, USD/JPY)
15.10.2013
Analysis for October 15th, 2013
EUR/USD
The H4 chart of the EUR/USD currency pair shows a bullish tendency, which continued after Tweezers pattern. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of the EUR/USD currency pair shows a correction, which is indicated by Shooting Star pattern. The lower Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm the correction.
USD/JPY
The H4 chart of the USD/JPY currency pair shows a sideways correction. The closest Windows are support levels. Three Line Break chart indicates an ascending movement; Heiken Ashi candlesticks confirm the correction.
The H1 chart of the USD/JPY currency pair show a sideways correction near the aHaWindows. Three Line Break chart indicates the ascending trend; Heiken Ashi candlesticks confirm the 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.