Jul 22, 2015

Japanese Candlesticks Analysis (EUR/USD, USD/JPY)

Forex Trading | News Daily Update | FXTM Online Analysis Department.

Euro vs. US Dollar

At the H4 chart of EUR USD, the correction within the downtrend indicated by Tweezers and Engulfing Bullish patterns continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.



At the H1 chart of EUR USD, bullish Tweezers and Harami patterns indicate a bearish pullback. Three Line Break chart shows an ascending movement; Heiken Ashi candlesticks confirm the bearish pullback.




US Dollar vs. Japanese Yen

At the H4 chart of USD JPY, Engulfing Bearish and Three Methods patterns show a descending movement. The upper Window provides support. Three Line Break chart and Heiken Ashi candlesticks confirm a descending correction.



 
Forex Trading | News Daily Update | FXTM Online Analysis Department.

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