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Japanese Candlesticks Analysis 28.08.2015 (EUR/USD, USD/JPY)

Analysis for August 28th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Three Methods pattern shows that the descending correction within the uptrend continues. The upper Window provides support. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.



At the H1 chart of EUR USD, bullish Harami pattern near the middle Window indicates a bullish pullback. Three Line Break chart confirms the bearish tendency; and Heiken Ashi candlesticks shows a bullish movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Hammer pattern indicates that the ascending correction continues. The closest Window provides support. Three Line Break chart and Heiken Ashi candlesticks confirm that the ascending correction continues.



 
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