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Japanese Candlesticks Analysis 18.12.2015 (EUR/USD, USD/JPY)

18.12.2015

Analysis for December 18th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Hammer pattern indicates an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.



At the H1 chart of EUR USD, Tower and Tweezers patterns indicated an ascending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Shooting Star pattern near the middle Window (resistance level) showed a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



 
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