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Japanese Candlesticks Analysis 01.04.2016 (EUR/USD, USD/JPY)

Analysis for April 1st, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the bullish tendency continues. Three Methods continuation pattern shows an ascending movement. The daily Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.



At the H1 chart of EUR USD, Tweezers and Three White Soldiers patterns indicated an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the downtrend continues after bearish Evening Star and Three Black Crows patterns. The closest Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.



 
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