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Japanese Candlesticks Analysis 19.10.2015 (EUR/USD, USD/JPY)

19.10.2015

Analysis for October 19th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Tower and Engulfing Bearish patterns indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



At the H1 chart of EUR USD, Three Methods continuation pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks show a bearish movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, High Wave and Belt Hold patterns indicated an ascending movement. The lower Window provided support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



 
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