Japanese Candlesticks Analysis 09.08.2016 (EUR/USD, USD/JPY)
09.08.2016
Analysis for August 9th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Hammer patterns indicate a pullback upwards. The Window in the middle is a support level. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.
At the H1 chart of EUR USD, Harami patterns show an ascending movement. The downside Window provides support. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the closest Window provides support. Engulfing Bearish pattern indicates a pullback downwards. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback.
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