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Candlestick analysis of EUR/USD and USD/JPY for 16.07.2015

Japanese candles analysis for July 16, 2015

EUR USD "Eurodollar"

Candlestick analysis of EUR/USD and USD/JPY for 16.07.2015


On the 4 hour Eurodollar chart a bearish tendency has formed, the Three methods model on the level of resistance of the lower Window is pointing down. The 3-line break graph and Heiken Ashi candles show a bearish trend.


Candlestick analysis of EUR/USD and USD/JPY for 16.07.2015

On the hourly Eurodollar chart the bearish continuation pattern of Three methods indicate a downward direction. The 3-line break graph and Heiken Ashi candles show a bearish indication.


USD JPY "Dollar Yen"

Candlestick analysis of EUR/USD and USD/JPY for 16.07.2015

On the 4-hour dollar yen graph the upper window was pushed through and is the support. The 3 line break graph and Heiken Ashi candles confirm the bullish trend.



RoboForex Analytical Department

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