Japanese Candlesticks Analysis 28.01.2015 (EUR/USD, USD/JPY)
28.01.2015
Analysis for January 28th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, an ascending correction, which is indicated by Hammer and High Wave patterns, continues. Three Line Break chart and Heiken Ashi candlesticks confirm that the correction continues; Shooting Star pattern may be followed by a bearish pullback.
The H1 chart of EUR USD also shows a bullish correction. Engulfing Bearish pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a bearish pullback.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a descending movement, which is indicated by Shooting Star pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
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