Japanese Candlesticks Analysis 24.09.2015 (EUR/USD, USD/JPY)

24.09.2015

Analysis for September 24th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the lower Window provided support. Bullish Belt Hold pattern indicated an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement. The upper Window provides resistance.



At the H1 chart of EUR USD, Engulfing Bullish pattern indicated an ascending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement. The Window in the middle provides resistance.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the correction within the downtrend continues. The upper Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement. Engulfing Bullish pattern indicates a possible bullish pullback.



 
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