Japanese Candlesticks Analysis 25.07.2016 (EUR/USD, USD/JPY)

July 25, 2016

Article By RoboForex.com

Analysis for July 25th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the downtrend continues. Tweezers pattern shows an ascending movement. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.

At the H1 chart of EUR USD, Hammer and Tower patterns showed an ascending correction. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm a bullish correction.

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bearish Harami pattern indicated a descending correction. The downside Window provides support. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback.

RoboForex Analytical Department
Article By RoboForex.com

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8 years ago