Japanese Candlesticks Analysis 26.11.2014 (EUR/USD, USD/JPY)

26.11.2014

Analysis for November 26th, 2014

EUR USD, “Euro vs US Dollar”

At the H4 chart of EUR USD, the closest Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; a bearish Tweezers pattern indicates the possibility of a bearish pullback.



The H1 chart of EUR USD shows a bullish tendency. The upper Window is a resistance level. A bullish Three Methods pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.




USD JPY, “US Dollar vs Japanese Yen”

The H4 chart of USD JPY shows a correction within the uptrend. Three Line Break chart, Heiken Ashi candlesticks confirm that the descending correction is becoming more serious.



 
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