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Japanese Candlesticks Analysis 15.04.2015 (EUR/USD, USD/JPY)

Analysis for April 15th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows an ascending correction, which is indicated by Tower and Hammer patterns. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.



The H1 chart of EUR USD shows a bullish correction, which is indicated by Harami pattern. The closest Window is broken, now it’s a support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows an ascending movement, which is indicated by Morning Star pattern. Three Line Break chart indicates a bearish tendency; Heiken Ashi candlesticks confirm a bullish pullback.



 
RoboForex Analytical Department

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