الثلاثاء، 11 سبتمبر 2012

Japanese Candlesticks Analysis 11.09.2012 (EUR/USD, USD/JPY)


Japanese Candlesticks Analysis 11.09.2012 (EUR/USD, USD/JPY)

11.09.2012 / 10:45

Analysis for September 11th, 2012

EUR/USD


The H4 chart of the EUR/USD currency pair shows a bullish tendency on the ascending trend. Three Methods pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement; Window 2012.01.23 is a resistance level.






The H1 chart of the EUR/USD currency pair shows a sideways tendency on the ascending trend, which is indicated by High Price Harami pattern. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; the Window, which is the closest to the price, is a support level.





USD/JPY


The H4 chart of the USD/JPY currency pair shows a bearish tendency, which is indicated by Tower pattern located near the upper border of a large Window. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement; Hammer candlestick may indicate a possible pullback upwards.






The H1 chart of the USD/JPY currency pair shows a sideways tendency. Hammer pattern indicates a corrective mood, Three Line Break chart and Heiken Ashi candlesticks indicate a bearish movement.



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