Japanese Candlesticks Analysis 24.07.2015

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

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

Euro vs. US Dollar

The H4 chart of EUR USD shows a bearish tendency. Three Line Break chart indicates an ascending correction; Shooting Star pattern and Heiken Ashi candlesticks confirm a bearish pullback.



At the H1 chart of EUR USD, bearish Tweezers pattern near the upper Window indicated a descending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.

US Dollar vs. Japanese Yen

The H4 chart of USD JPY shows a descending correction. The upper Window provides support. Three Line Break chart shows a descending movement; Heiken Ashi candlesticks confirm a bullish pullback.



 

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