Japanese Candlesticks Analysis 22.12.2015 (EUR/USD, USD/JPY)
22.12.2015
Analysis for December 22nd, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bullish Hammer, Tweezers, and Three Methods continuation patterns indicate an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction; there may be a bearish pullback from the resistance area.
At the H1 chart of EUR USD, Doji pattern indicates a descending movement. Three Line Break chart confirms a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bearish tendency. The upside/downside Windows provide support/resistance respectively. Three Methods pattern and Three Line Break chart confirm a bearish direction; Heiken Ashi candlesticks indicate a possible bullish pullback.
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.