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Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Technical analysis and forecasts / Candlestick analysis for EUR/USD and USD/JPY on 23.12.2015
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Candlestick analysis for EUR/USD and USD/JPY on 23.12.2015

23.12.2015
Candlestick analysis on 23 December 2015

EUR USD "Euro dollar"


Candlestick analysis for EUR/USD and USD/JPY on 23.12.2015

On the 4-hour Euro Dollar chart the Engulfing Bearish model indicates the downward direction to the continuing support of the three methods model. The 3-line graph displays a bullish breakout, the Heiken Ashi candles confirms the bearish trend.


Candlestick analysis for EUR/USD and USD/JPY on 23.12.2015

On the hourly Eurodollar chart the Three methods model point in a downward direction. On the 3-line break graph and the Heiken Ashi candles there is a bearish indicator, the Inverted hammer confirms the likelihood of a bullish pullback.


USD JPY "Dollar yen"

Candlestick analysis for EUR/USD and USD/JPY on 23.12.2015

On the 4-hour chart the dollar yen continuation patterns of Three methods point to a continuation of the bearish trend, the lower window is the support. The 3 line break graph and Heiken Ashi candles confirm the downward direction.

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