Analysis of Japanese candlesticks on July 18, 2016
EUR USD "Euro to US Dollar"
On 4 hour chart of Euro-US Dollar, correction is within black candlestick, the middle window resisted, Engulfing model pointed on bearish resistance. Bearish indication confirms downward trend on 3 lined breakage chart and Heiken Ashi candlesticks.
Bearish trend is on 1 hour chart of Euro-US Dollar, lower window supported, Cross Harami model points on rollback to the top. Bearish indication is on 3 lined breakage chart and Heiken Ashi candlesticks.USD JPY "US Dollar-Yen"
On 4 hour chart of US Dollar-Yen, lower Window supported, top Window is a resistance. Bearish indication is on 3 lined breakage chart, Harami and Heiken Ashi candlesticks confirm upward trend.