Japanese Candlesticks Analysis 02.07.2015 (EUR/USD, USD/JPY)
02.07.2015
Analysis for July 2nd, 2015
EUR USD, “Euro vs. US Dollar”
As we can see at the H4 chart of EUR USD, the lower border of the new Window provided support. Hammer pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.
At the H1 chart of EUR USD, Engulfing Bullish pattern shows an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the price is closing the Window. The upper border of the Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
RoboForex Analytical Department
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.