Japanese Candlesticks Analysis 15.05.2019 (EURUSD, USDJPY)

2019-05-15 15:00    RoboForex

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, after rebounding from the support level, EURUSD is trading upwards and forming Engulfing, Hammer, and Inverted Hammer reversal patterns during pullbacks. Judging by the previous movements, at the moment it may be assumed that the instrument may continue moving to the upside with slight corrections.

Japanese Candlesticks Analysis 15.05.2019 (EURUSD, USDJPY) Institution Opinions 1
Japanese Candlesticks Analysis 15.05.2019 (EURUSD, USDJPY) Institution Opinions 2

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, USDJPY is still trading near the support level and forming Hammer, Doji, and Inverted Hammer reversal patterns. Judging by the previous movements, at the moment it may be assumed that after testing the level, the instrument may continue its ascending tendency.


Risk Warning: the result of previous trading operations do not guarantee the same results in the future

EURJPYCandlestick

0 traders reviewed this item, please leave a reply!

Disclaimer: All contents of site are only for your reference, don't suggest you do any investment decision, you should be responsible for your decision.