Candlestick analysis on 25 February 2016
EUR USD "Euro dollar"
On the 4-hour euro dollar chart there is a lateral correction, the bearish continuation pattern Three methods indicates the direction down, the Window nearest to the price resists. Bullish Hammer, 3-line break chart and candles Heiken Ashi confirm the upward direction.
On the hourly chart the euro dollar continues a lateral correction in the zone of the lower Window. The 3-line break chart shows the probability of a bullish direction, Shooting Star and Heiken Ashi candles confirm the bearish pullback.USD JPY "Dollar yen"
On the 4-hour dollar yen chart the correction is under the resistance of the lower Window. Models of Hammer and Belt Hold indicate the upward direction. The 3-line break chart and Heiken Ashi Harami candles show a bullish indication.