Japanese Candlesticks Analysis 29.01.2015 (EUR/USD, USD/JPY)
29.01.2015
Analysis for January 29th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, a correction within the downtrend continues. Three Line Break chart indicates an ascending movement; Shooting Star pattern and Heiken Ashi candlesticks confirm a bearish pullback.
The H1 chart of EUR USD shows a sideways correction within the downtrend. 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 near the closest Window. Three Line Break chart indicates a descending movement; Harami pattern and Heiken Ashi candlesticks confirm a bullish movement.
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