Jan 11, 2016


(EUR/USD, USD/JPY)Analysis for January 8th, 2016 EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Harami pattern indicates a possible bearish pullback. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback. 410At the H4 chart of EUR USD, Tower and Tweezers patterns show a bearish movement. Three Line Break chart indicates a bullish direction; Heiken Ashi candlesticks confirm a descending movement. 411

USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a correction within the downtrend. Three Line Break chart shows a bearish direction; bullish Tower pattern and Heiken Ashi candlesticks confirm an ascending movement. 412 Forex Trading | News Daily Update |  Analysis Department.

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