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Japanese Candlesticks Analysis 23.04.2015 (EUR/USD, USD/JPY)

Analysis for April 23rd, 2015

EUR USD, “Euro vs. US Dollar”

As we can see at the H4 chart of EUR USD, the correction within the downtrend continues. Hammer pattern indicates an ascending movement. Three Line Break chart shows a bearish movement; Heiken Ashi candlesticks confirm the correction.



The H1 chart of EUR USD shows a sideways tendency. Doji Morning Star pattern indicates an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bullish tendency. The upper Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.



 
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