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ToolsPartnersAbout usJapanese Candlesticks Analysis 26.05.2017 (EUR/USD, USD/JPY)
26.05.2017EUR USD "Euro vs. US Dollar"
On the H4-chart of EUR/USD a sideways correction on a bullish trend is still in place; the Hammer suggests an upside direction. On Three Line Break chart there is a bearish tendency, Heiken Ashi candlesticks confirm bullish direction, the upper Window acts as a resistance.
On the H1-chart of EUR/USD the bullish Harami suggests upside direction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction, the upper Window acts as a resistance.
USD JPY "US Dollar vs JPY"
On the H4-chart of USD/JPY the bearish tendency is still in place, Engulfment model suggested a downward move. On Three-Line Break chart there is a bullish tendency, Heiken Ashi candlesticks confirm a downside direction, the lower Window is a support.
Attention!Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.