Japanese Candlesticks Analysis 08.09.2016 (EUR/USD and USD/JPY)

08.09.2016
Japanese Candlesticks Analysis, 08.09.2016

EUR USD "Euro vs. US Dollar"

Japanese Candlesticks Analysis, 08.09.2016


On 4-H chart the middle window has acted as a support while the bullish Harami points upward. Three Line Break chart show a bearish tendeny, whereas Heiken Ashi candlesticks confirm a bullish direction.

Japanese Candlesticks Analysis, 08.09.2016

On EUR/USD 1-H chart we see a bullish tendency while Tweezers points upward. Three Line Break chart and Heiken Ashi confirm the bullish direction, whereas the upper Window is a resistance here.

USD JPY, "US Dollar vs. Japanese Yen"

Japanese Candlesticks Analysis, 08.09.2016

The upper window on the 4-H USD/JPY chart has acted as a resistance, the bearish Harami is on the window level and points downward. The Three Line Break chart and Heiken Ashi candlesticks keep showing a bearish tendency.
Attention!

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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