Japanese Candlesticks Analysis 23.01.2015 (EUR/USD, USD/JPY)
23.01.2015
Analysis for January 23rd, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the downtrend, which is indicated by Engulfing Bearish pattern, continues. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows a descending movement, which is indicated by Three Methods pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bearish movement, which is indicated by Doji pattern near the closest Window. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
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