Japanese Candlesticks Analysis 27.11.2014 (EUR/USD, USD/JPY)
27.11.2014
Analysis for November 27th, 2014
EUR USD, “Euro vs US Dollar”
At the H4 chart of EUR USD, the closest Window is a resistance level. Gravestone Doji pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of EUR USD shows a bearish Harami pattern near the upper Window, which is a resistance level. Three Line Break chart indicates an ascending tendency; Heiken Ashi candlesticks confirm a bearish pullback.
USD JPY, “US Dollar vs Japanese Yen”
At the H4 chart of USD JPY, a correction within the uptrend continues. Three Line Break chart and Heiken Ashi candlesticks confirm that the descending correction is becoming more serious.
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