Japanese candles analysis for July 16, 2015EUR USD "Eurodollar"RoboForex Analytical Department
On the 4 hour Eurodollar chart a bearish tendency has formed, the Three methods model on the level of resistance of the lower Window is pointing down. The 3-line break graph and Heiken Ashi candles show a bearish trend.
On the hourly Eurodollar chart the bearish continuation pattern of Three methods indicate a downward direction. The 3-line break graph and Heiken Ashi candles show a bearish indication.USD JPY "Dollar Yen"
On the 4-hour dollar yen graph the upper window was pushed through and is the support. The 3 line break graph and Heiken Ashi candles confirm the bullish trend.