Japanese Candlesticks Analysis 25.07.2014 (EUR/USD, USD/JPY)
25.07.2014
Analysis for July 25th, 2014
EUR USD, “Euro vs US Dollar”
H4 chart of EUR USD shows descending trend. Closest Window is resistance level. Bearish Harami pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm descending movement.
H1 chart of EUR USD shows descending trend. Harami, Tweezers, and Engulfing Bearish patterns indicate bearish movement. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
USD JPY, “US Dollar vs Japanese Yen”
H4 chart of USD JPY shoes ascending movement, which is confirmed by bullish Three Methods continuation pattern, Three Line Break chart, Heiken Ashi candlesticks.
At H1 chart of USD JPY, closest Window is broken; now it’s support level. Three Line Break chart and Heiken Ashi candlesticks confirm bullish movement.
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