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Japanese Candlesticks Analysis 28.04.2015 (EUR/USD, USD/JPY)

Analysis for April 28th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Three Methods continuation pattern indicates that an ascending tendency continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.

The H1 chart of EUR USD shows the uptrend. Engulfing Bearish pattern indicates a correction; Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.

USD JPY, “US Dollar vs. Japanese Yen”

As we can see at the H4 chart of USD JPY, bearish Three Methods pattern indicates a descending movement. Three Line Break chart along with Heiken Ashi candlesticks confirm a bearish tendency.

RoboForex Analytical Department

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