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Home / Analytics / Forex analysis & forecasts / Forex Technical analysis and forecasts / Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 18.07.2016
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Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 18.07.2016

18.07.2016
Analysis of Japanese candlesticks on July 18, 2016

EUR USD "Euro to US Dollar"


Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 18.07.2016

On 4 hour chart of Euro-US Dollar, correction is within black candlestick, the middle window resisted, Engulfing model pointed on bearish resistance. Bearish indication confirms downward trend on 3 lined breakage chart and Heiken Ashi candlesticks.


Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 18.07.2016

Bearish trend is on 1 hour chart of Euro-US Dollar, lower window supported, Cross Harami model points on rollback to the top. Bearish indication is on 3 lined breakage chart and Heiken Ashi candlesticks.


USD JPY "US Dollar-Yen"

Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 18.07.2016

On 4 hour chart of US Dollar-Yen, lower Window supported, top Window is a resistance. Bearish indication is on 3 lined breakage chart, Harami and Heiken Ashi candlesticks confirm upward trend.

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