Japanese Candlesticks Analysis 29.05.2015 (EUR/USD, USD/JPY)
29.05.2015
Analysis for May 29th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bullish Harami pattern indicates an ascending correction. Three Line Break chart shows a bullish movement; Shooting Star pattern and Heiken Ashi candlesticks confirm a bearish pullback.
The H1 chart of EUR USD shows a correction within the downtrend. The closest Windows are support/resistance levels. Three Line Break chart indicates that an ascending correction continues; Heiken Ashi candlesticks confirm a bearish pullback.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency. Engulfing Bearish pattern indicates a bearish pullback. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
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