Japanese Candlesticks Analysis 22.09.2014 (EUR/USD, USD/JPY)
22.09.2014
Analysis for September 22nd, 2014
EUR USD, “Euro vs US Dollar”
At the H4 chart of EUR USD, a bearish tendency continues. The price faced the resistance from the closest Window. Three Line Break chart confirms a descending movement; Heiken Ashi candlesticks indicate a bullish pullback.
The H1 chart of EUR USD shows a bearish tendency, which continued after Tower and Shooting Star patterns. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement; Engulfing Bullish pattern indicates an ascending movement.
USD JPY, “US Dollar vs Japanese Yen”
The H4 chart of USD JPY shows a sideways correction within the uptrend. Three Line Break chart indicates a descending correction; Heiken Ashi candlesticks confirm a bullish movement.
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