Japanese Candlesticks Analysis 25.11.2014 (EUR/USD, USD/JPY)
25.11.2014
Analysis for November 25th, 2014
EUR USD, “Euro vs US Dollar”
The H4 chart of EUR USD shows a bullish correction, which started after the candlesticks near Meeting Lines pattern. Three Line Break chart indicates that the correction continues; a bearish Harami pattern and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows a correction within the downtrend. The new Window is a support level. Tweezers pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.
USD JPY, “US Dollar vs Japanese Yen”
At the H4 chart of USD JPY, a correction within the uptrend continues. Engulfing Bearish pattern, Three Line Break chart, Heiken Ashi candlesticks confirm a descending correction.
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