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Japanese Candlesticks Analysis 03.11.2015 (EUR/USD, USD/JPY)

Analysis for November 3rd, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the lower Window provided resistance. Three Line Break chart shows a bullish direction; Harami pattern and Heiken Ashi candlesticks confirm a bearish pullback.



At the H1 chart of EUR USD, the lower Window provides resistance. Engulfing Bearish pattern indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the upper Window provided support again. Engulfing Bullish pattern indicated an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish movement.



 
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