Japanese Candlesticks Analysis 20.11.2014 (EUR/USD, USD/JPY)
20.11.2014
Analysis for November 20th, 2014
EUR USD, “Euro vs US Dollar”
The H4 chart of EUR USD shows a correction within the downtrend. The closest Window is a support level. Three Line Break chart shows an ascending tendency; Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows a sideways correction within the uptrend. The closest Window is a support level. Three Line Break chart indicates the uptrend; Engulfing Bearish pattern and Heiken Ashi candlesticks confirm a descending movement.
USD JPY, “US Dollar vs Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency within the uptrend. Harami pattern indicates the possibility of a new correction. Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.
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