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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 21.07.2016
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Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 21.07.2016

21.07.2016
Analysis of Japanese candlesticks on July 21, 2016

EUR USD "Euro to US Dollar"


Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 21.07.2016

Bearish trend is on 4 hour chart of Euro-US Dollar, Hammer and Inverted Hammer models pointed on upward direction. Bearish indication is on 3 lined breakage chart, Heiken Ashi candlesticks confirm bullish rollback.


Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 21.07.2016

Correction to the top is on 1 hour chart of Euro-US Dollar, that was pointed by Hammer and Three methods models. Bearish indication is on 3 lined breakage chart, Heiken Ashi candlesticks confirm upward direction.


USD JPY "US Dollar to Yen"

Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 21.07.2016

On 4 hour chart of US Dollar to Yen, level of middle Window resisted, bearish Harami pointed on downward direction. 3 lined breakage chart and Heiken Ashi candlesticks confirm bearish trend.

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