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Japanese Candlesticks Analysis 03.04.2015 (EUR/USD, USD/JPY)

Analysis for April 3rd, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bearish pullback, which is indicated by Gravestone Doji pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.



The H1 chart of EUR USD shows a descending movement, which is indicated by Evening Star pattern. The closest Window provides support. Three Line Break chart indicates an ascending tendency; Heiken Ashi candlesticks confirm a bearish pullback.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a descending movement, which is indicated by Tweezers and Shooting Star patterns near the resistance level of the Window. Three Line Break chart and Heiken Ashi candlesticks indicate a bearish movement.



 
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