Japanese Candlesticks Analysis, 07.09.2016
EUR USD "Euro vs. US Dollar"
4-H chart shows a sideways movement at the level of middle Window, the bearish Harami points downwards. The Three Line Break chart and Heiken Ashi candlesticks show a bearish tendency.
On 1-H EUR/USD chart a bearish Doji and a Shooting Star point to downside correction. There is still a bullish tendency on the Three Line Break chart whereas Heiken Ashi candlesticks confirm downside direction. The upper Window is a resistance here.USD JPY "US Dollar vs. Japanese Yen"
There is a bearish tendency on the 4-H USD/JPY chart, the bullish Doji shows a possible upward movement, and the middle Window can act as a resistance. The Three Line Break chart and Heiken Ashi candlesticks keep showing a bearish tendency.