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Home / Analytics / Forex analysis & forecasts / Forex Technical analysis and forecasts / Japanese Candlesticks Analysis 09.09.2016 (EUR/USD and USD/JPY)
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Japanese Candlesticks Analysis 09.09.2016 (EUR/USD and USD/JPY)

09.09.2016
Japanese Candlesticks Analysis, 09.09.2016

EUR USD "Euro vs. US Dollar"


Japanese Candlesticks Analysis, 09.09.2016

On 4-H chart the upper window acted as a resistance while the bearish Engulfing and Tweezers point upwards. Three Line Break chart shows a bearish tendency, whereas Heiken Ashi and Harami candlesticks confirm a bullish rebound.

Japanese Candlesticks Analysis, 09.09.2016

On 1-H chart, the upper Window has acted as a resistance, the Engulfing and Three Blacks Crows point downwards. The High Wave, Three Line Break chart and Heiken Ashi candlesticks confirm the downside direction.

USD JPY "US Dollar vs. Japanese Yen"

Japanese Candlesticks Analysis, 09.09.2016

On 4-H chart the bearish Evening star points downwards. There is a bullish tendency on the Three Line Break chart whereas Heiken Ashi candlesticks confirm downside direction. The middle Window is a support here.

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