Japanese Candlesticks Analysis 09.09.2016 (EUR/USD and USD/JPY)
09.09.2016
Japanese Candlesticks Analysis, 09.09.2016
EUR USD "Euro vs. US Dollar"
On 4-H chart the upper window acted as a resistance while the bearish Engulfing and Tweezers point upwards. Three Line Break chart shows a bearish tendency, whereas Heiken Ashi and Harami candlesticks confirm a bullish rebound.
On 1-H chart, the upper Window has acted as a resistance, the Engulfing and Three Blacks Crows point downwards. The High Wave, Three Line Break chart and Heiken Ashi candlesticks confirm the downside direction.
USD JPY "US Dollar vs. Japanese Yen"
On 4-H chart the bearish Evening star points downwards. There is a bullish tendency on the Three Line Break chart whereas Heiken Ashi candlesticks confirm downside direction. The middle Window is a support here.
EUR USD "Euro vs. US Dollar"
On 4-H chart the upper window acted as a resistance while the bearish Engulfing and Tweezers point upwards. Three Line Break chart shows a bearish tendency, whereas Heiken Ashi and Harami candlesticks confirm a bullish rebound.
On 1-H chart, the upper Window has acted as a resistance, the Engulfing and Three Blacks Crows point downwards. The High Wave, Three Line Break chart and Heiken Ashi candlesticks confirm the downside direction.
USD JPY "US Dollar vs. Japanese Yen"
On 4-H chart the bearish Evening star points downwards. There is a bullish tendency on the Three Line Break chart whereas Heiken Ashi candlesticks confirm downside direction. The middle Window is a support here.
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