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Japanese Candlesticks Analysis 21.04.2015 (EUR/USD, USD/JPY)

Analysis for April 21st, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bearish tendency. Hanging Man pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.



At the H1 chart of EUR USD, Three Methods pattern indicates that a descending tendency continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows an ascending movement indicated by Hammer pattern near the lower Window, which provides support.  Three Line Break chart and Heiken Ashi candlesticks confirm a bullish pullback.



 
RoboForex Analytical Department

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