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Japanese Candlesticks Analysis 12.06.2015 (EUR/USD, USD/JPY)

Analysis for June 12th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Hammer pattern indicates a bullish movement. The closest Window provides support. Three Line Break chart and Heiken Ashi candlesticks confirm a descending correction.



At the H1 chart of EUR USD, Three Methods continuation pattern indicates a bearish movement. The upper Windows provides support. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the correction within the uptrend continues. Tower and Inverted Hammer patterns show an ascending movement. Three Line Break chart indicates that the descending correction continues; Heiken Ashi candlesticks confirm a bullish pullback.
 



RoboForex Analytical Department


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