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Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Japanese Candlesticks Analysis 19.04.2016 (EUR/USD, USD/JPY)
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Japanese Candlesticks Analysis 19.04.2016 (EUR/USD, USD/JPY)

19.04.2016

Analysis for April 19th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the Window in the middle provides support. Bullish Three Methods pattern indicates an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



At the H1 chart of EUR USD, the bullish tendency continues.  A new Window is closed and provides support; Harami pattern indicates a bearish pullback. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bullish Morning Star Doji pattern indicated an ascending movement. A new Window is closed and provides support. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.



 
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