Candlestick analysis on 29 February 2016
EUR USD "Euro dollar"
On the 4-hour euro dollar chart there is a bearish indication, the middle Window showed resistance. The 3-line break chart points down, the Heiken Ashi candles the bullish indication indicates a bullish pullback.
On the hourly chart, the Eurodollar correction ended with Engulfing bearish. The 3-line break chart and Heiken Ashi candles confirm the downward trend.USD JPY "Dollar yen"
On the 4-hour dollar yen chart the lateral correction continues, the Hanging man model indicates the direction down. The 3-line break chart and Heiken Ashi candles have a bearish indication, the lower Window shows support.