Japanese Candlesticks Analysis 19.09.2016 (EUR/USD, USD/JPY)

September 19, 2016

Article By RoboForex.com

Analysis for September 19th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Harami and Shooting Star patterns indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction; the downside Window may provide support.

The H1 chart of EUR USD shows a sideways correction. The Window in the middle provides support. Bearish Tweezers pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the Window in the middle may provide support. Shooting Start pattern indicates a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a descending 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.