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Japanese Candlesticks Analysis 09.02.2015 (EUR/USD, USD/JPY)

Analysis for February 9th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows the downtrend, which continues after Shooting Star and Tweezers reversal patterns. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.



At the H1 chart of EUR USD, the price has reached the closest Window again after bearish Harami pattern and Three Methods continuation pattern. Three Line Break chart and Heiken Ashi candlesticks show a descending movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, a correction within the downtrend continues. Three Line Break chart and Heiken Ashi candlesticks confirm that an ascending correction may continue, probably up to the upper Window.



 
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