Japanese Candlesticks Analysis 15.11.2016 (EUR/USD, USD/JPY)
15.11.2016
Analysis for November 15th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bullish Hammer pattern indicates an ascending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
The H1 chart of EUR USD shows a bearish tendency. Bullish Tower pattern indicated an ascending correction. The downside Window may provide resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency. The upside Window is a resistance level. Engulfing Bearish pattern indicates a descending correction. Three Line Break chart and Heiken Ashi candlesticks confirm the uptrend.
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