Japanese Candlesticks Analysis 25.06.2014 (EUR/USD, USD/JPY)

25.06.2014

Analysis for June 25th, 2014

EUR USD, “Euro vs US Dollar”

At H4 chart of EURUSD we see sideways correctional phase after Harami. Three-Line break indicates downtrend, Heiken Ashi candlesticks and bullish Harami indicate correction to this downtrend.


 
At H1 chart of EURUSD upper Window is considered to be a resistance area, medium Window can provide support. Three-Line break chart and Heiken Ashi candlesticks confirm bearish destination.


 

USD JPY, “US Dollar vs Japanese Yen”

H4 chart of USDJPY indicates sideways action, candlestick patterns are ambiguous. Three-line break and Heiken Ashi candlesticks confirm descending trend.



At H1 chart, lower Window can provide support. Three-Line break and Heiken Ashi candlesticks confirm ascending trend.




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