Candlestick analysis on 23 December 2015
EUR USD "Euro dollar"
On the 4-hour Euro Dollar chart the Engulfing Bearish model indicates the downward direction to the continuing support of the three methods model. The 3-line graph displays a bullish breakout, the Heiken Ashi candles confirms the bearish trend.
On the hourly Eurodollar chart the Three methods model point in a downward direction. On the 3-line break graph and the Heiken Ashi candles there is a bearish indicator, the Inverted hammer confirms the likelihood of a bullish pullback.USD JPY "Dollar yen"
On the 4-hour chart the dollar yen continuation patterns of Three methods point to a continuation of the bearish trend, the lower window is the support. The 3 line break graph and Heiken Ashi candles confirm the downward direction.