Japanese Candlesticks Analysis 28.05.2015 (EUR/USD, USD/JPY)
28.05.2015
Analysis for May 28th, 2015
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows a bearish tendency. Bullish Harami pattern indicates an ascending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
The H1 chart of EUR USD shows a correction within the downtrend. The lower Window provides support. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency. Engulfing Bearish pattern indicates a bearish pullback. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
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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.