Japanese Candlesticks Analysis 24.12.2013 (EUR/USD, USD/JPY)
24.12.2013
Analysis for December 24th, 2013
EUR/USD
H4 chart of EUR/USD shows descending tendency, which is indicated by Shooting Star pattern near resistance level. Three Line Break chart indicates correction; Heiken Ashi candlesticks confirm bearish tendency.
H1 chart of EUR/USD shows descending movement, which is indicated by Harami pattern near resistance from closest Window. Three Line Break chart and Heiken Ashi candlesticks indicate that sideways correction continues.
USD/JPY
H4 chart of USD/JPY shows correction within ascending trend. Three Line Break chart confirms descending movement; Heiken Ashi candlesticks indicate ascending trend.
H1 chart of USD/JPY shows correction, which is indicated by Shooting Star pattern. Three Line Break chart indicates ascending trend; Tower pattern and Heiken Ashi candlesticks confirm descending movement.
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