Japanese Candlestick Analysis for EURUSD and USDJPY: 26/03/2019

26.03.2019

EURUSD

On H4, the pair is testing the support and forming reversal patterns, such as hammer and doji, after correction. By analyzing the previous moves, one can assume the EURUSD may start forming a new uptrend after a pullback.

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

USDJPY

On H4, the pair is still testing the support and forming such reversal patterns as long doji, hammer, and inverted hammer. By analyzing the previous moves, one can assume the USDJPY may continue uptrending once the pullback is over.

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

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.

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