Japanese Candlesticks Analysis 22.03.2017 (EUR/USD, USD/JPY)

22.03.2017

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Hanging Man patterns indicated a descending correction. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm the descending correction. 

At the H1 chart of EUR USD, bearish Harami and Tweezers patterns indicate a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

 

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Engulfing Bearish pattern indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

 

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