Analysis of Japanese candlesticks for EUR/USD, and USD/JPY on 14.09.2016
14.09.2016
Analysis of Japanese candlesticks on September 14, 2016
EUR/USD "Euro vs US Dollar"
On 4 hours chart for Euro-US Dollar pair we see side correction, middle Window plays as a resistance, bullish Doji pattern hints that there is a chance for an upwards pullback. On 3 lined of breakage chart we still can see bearish indication, Heiken Ashi candles confirm a bullish pullback.
On 1 hour chart for Euro-US Dollar we see further side correction, candles pattern are mixed, bearish Engulfing shows the way downwards. On 3 lined of breakage chart and Heiken Ashi candles bearish indication can be seen.
USD/JPY "US Dollar vs Yen"
On 4 hours chart US Dollar-Yen we still can see a bullish trend, Engulfing pattern has shown the way upwards. On 3 lined of breakage chart and Heiken Ashi candles we still can see a bullish indication.
EUR/USD "Euro vs US Dollar"
On 4 hours chart for Euro-US Dollar pair we see side correction, middle Window plays as a resistance, bullish Doji pattern hints that there is a chance for an upwards pullback. On 3 lined of breakage chart we still can see bearish indication, Heiken Ashi candles confirm a bullish pullback.
On 1 hour chart for Euro-US Dollar we see further side correction, candles pattern are mixed, bearish Engulfing shows the way downwards. On 3 lined of breakage chart and Heiken Ashi candles bearish indication can be seen.
USD/JPY "US Dollar vs Yen"
On 4 hours chart US Dollar-Yen we still can see a bullish trend, Engulfing pattern has shown the way upwards. On 3 lined of breakage chart and Heiken Ashi candles we still can see a bullish indication.
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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.