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Japanese Candlesticks Analysis 01.06.2015 (EUR/USD, USD/JPY)

Analysis for June 1st, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Shooting Star pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.



The H1 chart of EUR USD shows a bullish pullback, which is indicated by Inverted Hammer pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a sideways correction. Engulfing Bearish pattern indicates a descending correction. Three Line Break chart shows the uptrend; Heiken Ashi candlesticks confirm a bearish correction.



 
RoboForex Analytical Department

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