Japanese Candlesticks Analysis 01.09.2015 (EUR/USD, USD/JPY)

01.09.2015

Analysis for September 1st, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows the uptrend. The Window in the middle provided support. Shooting Star indicates a bearish pullback. Three Line Break chart shows the descending correction; Heiken Ashi candlesticks confirm a bullish movement.



At the H1 chart of EUR USD, Engulfing Bearish pattern indicates a descending movement towards support from the lower Window. Three Line Break chart shows a bullish movement; Heiken Ashi candlesticks confirm a bearish movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Belt Hold pattern indicated a bearish movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a descending movement.



 
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