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Japanese Candlesticks Analysis 03.08.2015 (EUR/USD, USD/JPY)

Analysis for August 3rd, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the Window in the middle provided resistance again. Bearish Harami pattern indicated a descending movement. Three Line Break chart indicates a bullish movement; Heiken Ashi candlesticks confirm a bearish pullback.



At the H1 chart of EUR USD, Engulfing Bearish and Three Black Crows patterns indicated a descending movement. The upper Window is a resistance level. Three Line Break chart shows a bearish movement; Heiken Ashi candlesticks confirm a bearish pullback.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Doji Evening Star pattern indicates a descending movement. Three Line Break chart shows a bearish movement; Hammer pattern and Heiken Ashi candlesticks confirm a bullish pullback.



 
RoboForex Analytical Department

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