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Japanese Candlesticks Analysis 02.09.2015 (EUR/USD, USD/JPY)

Analysis for September 2nd, 2015

EUR USD, “Euro vs. US Dollar”

As we can see at the H4 chart of EUR USD, after support from the Window in the middle, the uptrend continues. Three Line Break chart shows the uptrend; Shooting Star and Engulfing Bearish patterns, along with Heiken Ashi candlesticks confirm a bearish pullback.



At the H1 chart of EUR USD, bearish Three Methods pattern indicates a descending movement towards support from the lower Window. Three Line Break chart shows a bullish movement; Heiken Ashi candlesticks confirm a bearish movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bearish Three Line Strike pattern indicates a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish movement.



 
RoboForex Analytical Department

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