Japanese Candlesticks Analysis 22.12.2014 (EUR/USD, USD/JPY)
22.12.2014
Analysis for December 22nd, 2014
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, a bearish tendency continues. Three Line Break chart indicates a descending movement; Heiken Ashi candlesticks confirm the possibility of a bullish pullback.
The H1 chart of EUR USD shows an ascending correction, which is indicated by a bullish Tweezers pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, a bullish tendency, which is indicated by bullish Three Methods patterns, continues. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
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