Japanese Candlesticks Analysis 30.01.2017 (EUR/USD, USD/JPY)

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the correction within the uptrend continues. Harami pattern indicates a descending movement. The closest Window provided support. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback. 

At the H1 chart of EUR USD, Harami pattern indicated a descending movement. The downside Window is a support level. 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, bearish Doji pattern along with a new Window indicate a descending movement. Three Line Break chart confirms a bearish direction; Heiken Ashi candlesticks show that the candlesticks may close the new Window.

RoboForex Analytical Department