Japanese Candlesticks Analysis 15.04.2016 (EUR/USD, USD/JPY)
15.04.2016
Analysis for April 15th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the Window in the middle provides support. Hammer pattern indicates a bullish pullback. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of EUR USD shows a sideways correction. Hammer pattern indicates an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, Evening Star Doji pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
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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.