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Japanese Candlesticks Analysis 28.09.2016 (EUR/USD, USD/JPY)

Analysis for September 28th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Harami and Shooting Star patterns indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



At the H1 chart of EUR USD, bullish Hammer pattern indicates a possible pullback upwards. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the downside Window provided support once again. Bullish Doji pattern indicates that the ascending correction continues. Three Line Break chart shows a descending movement; Heiken Ashi candlesticks confirm a bullish direction.



 
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