Japanese Candlesticks Analysis 11.08.2015 (EUR/USD, USD/JPY)

August 11, 2015

Article By RoboForex.com

Analysis for August 11th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bullish Tweezers pattern showed an ascending movement. The closest Windows provide resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.

At the H1 chart of EUR USD, Inverted Hammer pattern showed an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement; Doji pattern indicates a bearish pullback.

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bullish Three Methods pattern indicates that the uptrend continues. Three Line Break chart shows a descending correction; Heiken Ashi candlesticks confirm a bullish movement.

RoboForex Analytical Department

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Article By RoboForex.com

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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 LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

 

 

 

9 years ago