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    USD/JPY: candlestick analysis

    USD/JPY: candlestick analysis

    There’s an “Evening Star” at the last high. It’s likely to see a bullish pattern on the support line and an upward movement afterwards. The bearish “Hammer” and “Tweezers” on the daily chart are still actual, so the “Window” can act as a support once again.

    USD/JPY: candlestick analysis

    We’ve got a “Tower” at the last high on the one-hour chart. Also, a “Hammer” was arrived, but it’s very likely to see a “Three Methods” pattern and the following downward movement to an support area until a bullish reversal pattern forms.

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