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Home / Analytics / Forex analysis & forecasts / Forex Technical analysis and forecasts / Japanese Candlesticks Analysis 08.09.2016 (EUR/USD and USD/JPY)
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Japanese Candlesticks Analysis 08.09.2016 (EUR/USD and USD/JPY)

08.09.2016
Japanese Candlesticks Analysis, 08.09.2016

EUR USD "Euro vs. US Dollar"

Japanese Candlesticks Analysis, 08.09.2016


On 4-H chart the middle window has acted as a support while the bullish Harami points upward. Three Line Break chart show a bearish tendeny, whereas Heiken Ashi candlesticks confirm a bullish direction.

Japanese Candlesticks Analysis, 08.09.2016

On EUR/USD 1-H chart we see a bullish tendency while Tweezers points upward. Three Line Break chart and Heiken Ashi confirm the bullish direction, whereas the upper Window is a resistance here.

USD JPY, "US Dollar vs. Japanese Yen"

Japanese Candlesticks Analysis, 08.09.2016

The upper window on the 4-H USD/JPY chart has acted as a resistance, the bearish Harami is on the window level and points downward. The Three Line Break chart and Heiken Ashi candlesticks keep showing a bearish tendency.

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