Japanese Candlesticks Analysis 14.09.2012 (EUR/USD, USD/JPY)
14.09.2012 / 10:16
Analysis for September 14th, 2012
EUR/USD
The H4 chart of the EUR/USD currency pair shows a bullish tendency on the ascending trend. Three Methods patterns, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement; the closest Window is a resistance level.
The H1 chart of the EUR/USD currency pair also shows a bullish tendency on the ascending trend. Three Line Break chart, Three Methods pattern, and Heiken Ashi candlesticks confirm an ascending movement.
USD/JPY
The H4 chart of the USD/JPY currency pair shows a correction on the descending trend. Window 2011.12.26 is a resistance level. Three Line Break chart confirms the current trend; High Wave pattern and Heiken Ashi candlesticks indicate the correction.
The H1 chart of the USD/JPY currency pair also shows a bearish tendency. High Wave pattern, Three Line Break chart, and Heiken Ashi candlesticks indicate a possible correction.
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