Japanese Candlesticks Analysis 27.10.2014 (EUR/USD, USD/JPY)
27.10.2014
Analysis for October 27th, 2014
EUR USD, “Euro vs US Dollar”
The H4 chart of EUR USD shows an ascending correction, which is indicated by Hammer pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
The H1 chart of EUR USD shows a sideways correction within the downtrend. Three Line Break and Heiken Ashi candlesticks confirm that the correction continues.
USD JPY, “US Dollar vs Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency, which continues after Three Methods pattern. The upper Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
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