Japanese Candlesticks Analysis 29.12.2015 (EUR/USD, USD/JPY)
29.12.2015
Analysis for December 29th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Engulfing Bullish and Three Methods patterns indicate an ascending movement. The closest Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
The H1 chart of EUR USD shows a bullish tendency, Hammer pattern indicates an ascending movement. The upside Window may provide resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a sideways correction near the downside Window, which provides support. Engulfing Bullish pattern indicates an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
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