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Japanese Candlesticks Analysis 31.08.2015 (EUR/USD, USD/JPY)

Analysis for August 31st, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the upper Window provides resistance. Bearish Three Methods pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.



The H1 chart of EUR USD shows a bearish tendency. The lower Window provided support. Tweezers pattern near resistance from the middle Window, Three Line Break chart, and Heiken Ashi candlesticks confirm a bearish movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Three Methods continuation patterns indicate that the ascending correction continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.



 
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