Japanese Candlesticks Analysis 19.11.2014 (EUR/USD, USD/JPY)
19.11.2014
Analysis for November 19th, 2014
EUR USD, “Euro vs US Dollar”
The H4 chart of EUR USD shows a correction within the downtrend. Morning Star pattern indicates an ascending movement. Three Line Break chart shows the downtrend; support from the closest Window and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of EUR USD shows an ascending movement, which is indicated by Three Methods patterns. The closest Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
USD JPY, “US Dollar vs Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency within the uptrend. Harami pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.
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