Japanese Candlesticks Analysis 16.06.2017 (EUR/USD, USD/JPY)

June 16, 2017

Article By RoboForex.com

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bullish High Wave and Tower patterns indicate an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

At the H1 chart of EUR USD, Engulfing Bullish and Hammer patterns indicated an ascending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

 

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Engulfing Bullish reversal pattern indicated an ascending movement. There are no reversal patterns right now. Three Line Break chart and Heiken Ashi candlesticks confirm the ascending movement.


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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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