Japanese Candlesticks Analysis 26.08.2015

August 26, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD show a correction within the uptrend. Shooting Stat and bearish Harami patterns, along with Three Line Break chart and Heiken Ashi candlesticks, confirm a descending movement.

At the H1 chart of EUR USD, Engulfing Bearish pattern indicates that the descending correction continues. The upper Window provides support. Three Line Break chart confirms the correction; Heiken Ashi candlesticks show a bullish pullback.

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Hammer pattern indicated an ascending correction. The lower Window provides resistance. Three Line Break chart shows a bearish tendency; Heiken Ashi candlesticks confirm the ascending correction.

RoboForex Analytical Department

Publication source
RoboForex information  RoboForex reviews

October 21, 2016
EUR/USD remained unchanged after the ECB
The price maintained its bearish tone on Thursday. The EUR/USD pair stayed around its recent lows during the day. The euro slightly strengthened towards 1.1000 ahead of the US opening. The 50-EMA limited the euro recovery in the 1 hour chart...
October 21, 2016
Decisions on QE Postponed until December
Asian stock markets are narrowly mixed, with Japanese bourses managing marginal gains as the Yen falls against the Dollar. Stock futures in the U.S. are down...
October 21, 2016
EURUSD at $1.09, but declines could be limited
The ECB monetary policy meeting yesterday saw the euro give up its intraday gains to close on a bearish note. As Draghi signaled that the central bank would need time to assess the monetary policy situation...

HYCM Rating
OANDA Rating
FBS Rating
Vantage FX Rating
OctaFX Rating
Tickmill Rating

Binary Brokerz Rating
Empire Option Rating
TropicalTrade Rating
OptionFair Rating
OptionsXO Rating
24option Rating