Japanese Candlesticks Analysis 23.06.2014 (EUR/USD, USD/JPY)


Analysis for June 23th, 2014

EUR USD, “Euro vs US Dollar”

At H4 chart of EURUSD price has gone downwards after bearish tweezers. Three-Line break and Three methods show decline, Heiken Ashi candlesticks confirm possibility of bullish correction continuation.

At H1 chart of EURUSD, lower Window is considered to be a support area. Three-Line break, Shooting star, Tower and Heiken Ashi candlesticks confirm downtrend.

USD JPY, “US Dollar vs Japanese Yen”

H4 chart of USDJPY downtrend is developing after Doji Evening star. Three-Line break and Heiken Ashi candlesticks confirm descending destination.

At H1 chart, lower Window is considered to be a support. Three-line break and Heiken Ashi candlesticks confirm bearish destination


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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.

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