Japanese Candlesticks Analysis 03.02.2017 (EUR/USD, USD/JPY)

February 3, 2017

Article By RoboForex.com

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Doji and Two Crows patterns indicated a descending correction. The upside Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

At the H1 chart of EUR USD, bearish Shooting Star pattern indicated a descending movement. The upside Window is a support level. 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 downside Window provided support. Engulfing Bullish, Tweezers, and Hammer patterns indicate an ascending movement. Three Line Break chart6 and Heiken Ashi candlesticks confirm a bullish direction.


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RoboForex Analytical Department
Article By RoboForex.com

Attention!
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.

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