Japanese Candlesticks Analysis 23.10.2014 (EUR/USD, USD/JPY)

23.10.2014

Analysis for October 23rd, 2014

EUR USD, “Euro vs US Dollar”

At the H4 chart of EUR USD, a bearish tendency, which is indicated by Three Methods 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 bearish Three Methods pattern. Three Line Break and Heiken Ashi candlesticks confirm a bearish tendency.




USD JPY, “US Dollar vs Japanese Yen”

The H4 chart of USD JPY shows a bullish tendency. The closest Windows are support/resistance levels. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.



 
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