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Japanese Candlesticks Analysis 27.05.2015 (EUR/USD, USD/JPY)

Analysis for May 27th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bearish tendency. Tweezers and Hammer patterns indicate that the price may start an ascending correction. Three Line Break chart shows a descending tendency; Heiken Ashi candlesticks confirm a bullish correction.



The H1 chart of EUR USD shows a bearish tendency. The lower Window provides support. Hammer and Harami patterns along with Three Line Break chart and Heiken Ashi candlesticks confirm a bullish pullback.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bullish tendency. Dark Cloud and Shooting Star patterns indicate a descending movement. Three Line Break chart shows an ascending tendency; Heiken Ashi candlesticks confirm a bearish pullback.



 
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