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Japanese Candlesticks Analysis 15.05.2015 (EUR/USD, USD/JPY)

Analysis for May 15th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows an ascending tendency. Three Line Break chart confirms a bullish tendency; Shooting Star pattern and Heiken Ashi candlesticks indicate a possible bearish pullback.

The H1 chart of EUR USD shows a bearish correction. The upper Window 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, Hammer pattern indicates an ascending movement. Three Line Break chart shows a bearish tendency; Heiken Ashi candlesticks confirm a bullish movement.

RoboForex Analytical Department

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