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Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Japanese Candlesticks Analysis 23.11.2015 (EUR/USD, USD/JPY)
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Japanese Candlesticks Analysis 23.11.2015 (EUR/USD, USD/JPY)


Analysis for November 23rd, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the downtrend continues. Hammer pattern indicates a bullish pullback. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

The H1 chart of EUR USD shows a bearish tendency. Three Line Break chart confirms a bearish movement; Heiken Ashi candlesticks indicate a bullish pullback.

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the correction within the uptrend continues. The Window in the middle provided support. Bearish Tower pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a bullish direction.

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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.