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Japanese Candlesticks Analysis 10.07.2015 (EUR/USD, USD/JPY)

Analysis for July 10th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Engulfing Bullish pattern indicated an ascending movement. The Window in the middle is a support level. Three Line Break chart shows a bearish movement; Heiken Ashi candlesticks confirm that an ascending tendency continues.



The H1 chart of EUR USD shows a bullish tendency, which is indicated by Morning Star pattern. The upper Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows an ascending movement, which is indicated by Tower pattern. The Window in the middle is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.



 
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