Japanese Candlesticks Analysis 30.04.2018 (EURUSD, USDJPY)

30.04.2018

EURUSD, “Euro vs. US Dollar”

In the H4 chart, after finishing a slight correction from the support level, EURUSD has formed several Harami and Doji reversal patterns. At the moment, it may be assumed that the correction is over and the price may continue falling.

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

 

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, USDJPY has almost reached the resistance level and is still forming Harami and Doji reversal patterns below it. At the moment, it may be assumed that the instrument may continue growing after the correction.

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

 

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