{"id":165979,"date":"2020-03-05T09:45:42","date_gmt":"2020-03-05T14:45:42","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=165979"},"modified":"2020-03-05T07:20:47","modified_gmt":"2020-03-05T12:20:47","slug":"japanese-candlesticks-analysis-05-03-2020-eurusd-usdjpy-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/03\/japanese-candlesticks-analysis-05-03-2020-eurusd-usdjpy-eurgbp\/","title":{"rendered":"Japanese Candlesticks Analysis 05.03.2020 (EURUSD, USDJPY, EURGBP)"},"content":{"rendered":"
March 5, 2020<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

EURUSD, \u201cEuro vs. US Dollar\u201d<\/strong><\/p>\n

As we can see in the H4 chart, the pair continues growing. By now, EURUSD has completed several reversal candlestick patterns, such as Shooting Star<\/em>, close to the resistance level. Right now, the pair is reversing. We may assume that later the price may complete the correction and move to reach 1.1125. However, one shouldn\u2019t exclude a possibility that the price may form a more significant pullback towards 1.1045.<\/p>\n

\"EURUSD\"
\n\"Risk<\/p>\n

USDJPY, \u201cUS Dollar vs. Japanese Yen\u201d<\/strong><\/p>\n

As we can see in the H4 chart, USDJPY is no longer moving inside the rising channel. By now, the pair is testing the support level, where it has formed several reversal patterns, including Hammer<\/em>. The current situation implies that the price may reverse and then grow to reach 109.61. At the same time, the pair may choose another scenario, according to which the instrument is expected to continue falling towards 106.55 after a slight correction.<\/p>\n

\"USDJPY\"
\n\"Risk<\/p>\n

EURGBP, \u201cEuro vs. Great Britain Pound\u201d<\/strong><\/p>

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As we can see in the H4 chart, after testing the resistance level and forming several reversal patterns, such as Shooting Star<\/em>, EURGBP has almost reversed. Right now, we may assume that after reversing the price may continue growing towards 0.8800. However, one shouldn\u2019t exclude an opposite scenario, which implies that the instrument may fall with the target at 0.8555.<\/p>\n

\"EURGBP\"<\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com EURUSD, \u201cEuro vs. US Dollar\u201d As we can see in the H4 chart, the pair continues growing. By now, EURUSD has completed several reversal candlestick patterns, such as Shooting Star, close to the resistance level. Right now, the pair is reversing. We may assume that later the price may complete the correction […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-165979","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/165979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=165979"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/165979\/revisions"}],"predecessor-version":[{"id":165981,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/165979\/revisions\/165981"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=165979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=165979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=165979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}