Japanese Candlesticks Analysis 08.09.2015 (EUR/USD, USD/JPY)


Analysis for September 8th, 2015

EUR USD, “Euro vs. US Dollar”

On the 4-hour Eurodollar chart the top Window is the resistance, the bearish Harami indicates the downward direction. The 3-line break graph and Heiken Ashi candles show a bearish indication.

On the hourly Eurodollar chart the Shooting star indicates a bearish movement. The 3-line break graph and the Heiken Ashi candles confirm the downward direction.

USD JPY, “US Dollar vs. Japanese Yen”

On the 4-hour dollar yen chart a lateral correction develops after the bullish Hammer. The bullish Doji pattern, 3-line break graph and Heiken Ashi candles confirm the upward direction, nearest Window to the price is the resistance.

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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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