Japanese Candlesticks Analysis 15.01.2015 (EUR/USD, USD/JPY)
15.01.2015
Analysis for January 15th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the downtrend continues. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows a descending movement, which is indicated by bearish Three Methods continuation pattern. Three Line Break chart and Heiken Ashi candlesticks confirm the downtrend.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows an ascending correction, which is indicated by Engulfing Bullish pattern. Three White Soldiers pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.
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