Japanese Candlesticks Analysis 30.12.2014 (EUR/USD, USD/JPY)
30.12.2014
Analysis for December 30th, 2014
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows the downtrend. The price is finishing Engulfing Bullish pattern. Three Line Break chart and Heiken Ashi candlesticks confirm the possibility of an ascending correction.
The H1 chart of EUR USD shows an ascending movement, which is indicated by Hammer pattern. Three Line Break chart and Heiken Ashi candlesticks confirm that a bullish correction continues; the closest Window is a resistance level.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a correction, which is indicated by a bearish Tweezers pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
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