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Japanese Candlesticks Analysis 28.12.2015 (EUR/USD, USD/JPY)

28.12.2015

Analysis for December 28th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Doji pattern indicated an ascending movement. The upside Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



At the H1 chart of EUR USD, Hammer pattern indicates an ascending movement. The upside Window may provide resistance. Three Line Break chart shows a bearish movement; Heiken Ashi candlesticks confirm a bullish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Engulfing Bullish pattern shows an ascending movement. The downside Window provides support. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.



 
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