Japanese Candlesticks Analysis 24.04.2015 (EUR/USD, USD/JPY)

24.04.2015

Analysis for April 24th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bullish tendency. Three Methods continuation pattern indicates an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.



As we can see at the H1 chart of EUR USD, the closest Window is broken and right now it’s a support level. Shooting Star pattern indicates a possible bearish pullback; Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a sideways correction. Tweezers pattern and Three Line Break chart confirm a descending movement; Heiken Ashi candlesticks indicate an ascending movement.



 
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