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Candlestick analysis of EUR/USD and USD/JPY for 17.07.2015

Japanese candles analysis for 17 July 2015

EUR USD "Eurodollar"

Candlestick analysis of EUR/USD and USD/JPY for 17.07.2015

On the 4-hour Eurodollar graph a bearish tendency has formed, and the Inverted hammer model points at a correction up. The 3-line break graph points at a downward direction, and the Heiken Ashi candles confirm and upward correction.


Candlestick analysis of EUR/USD and USD/JPY for 17.07.2015

On the hourly Eurodollar chart the Engulfing bullish model pointed at an upward correction. The 3-line break and the Heiken Ashi candles show a bullish indication.


USD JPY "Dollar yen"

Candlestick analysis of EUR/USD and USD/JPY for 17.07.2015

The 4-hour dollar yen chart shows a bullish tendency, and the upper Window is surpassed and acts as the support. The 3-line break chart shows a bullish direction, and the Heiken Ashi candles together with the Engulfing bearish model support the bearish pullback.



RoboForex Analytical Department

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