Japanese Candlesticks Analysis 14.06.2018 (EURUSD, USDJPY)
EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD is still growing and forming slight corrections with Hammer, Doji, and Engulfing reversal patterns. At the moment, it may be assumed that after reaching the resistance level, the instrument may break it.
USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY is still trading upwards and forming Doji, Inverted Hammer, and Hammer reversal patterns during pullbacks. At the moment, it may be assumed that the instrument is about to start a new uptrend.
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.