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Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Japanese Candlesticks Analysis 03.12.2015 (EUR/USD, USD/JPY)
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Japanese Candlesticks Analysis 03.12.2015 (EUR/USD, USD/JPY)

03.12.2015

Analysis for December 3rd, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Harami pattern indicated that the downtrend continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



At the H1 chart of EUR USD, bearish Harami indicates a bearish tendency. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows the uptrend. The upper Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; Engulfing Bearish pattern indicates a possible bearish pullback.



 
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