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Japanese Candlesticks Analysis 24.07.2015 (EUR/USD, USD/JPY)

Analysis for July 24th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bearish tendency. Three Line Break chart indicates an ascending correction; Shooting Star pattern and Heiken Ashi candlesticks confirm a bearish pullback.

At the H1 chart of EUR USD, bearish Tweezers pattern near the upper Window indicated a descending correction. 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 a descending correction. The upper Window provides support. Three Line Break chart shows a descending movement; Heiken Ashi candlesticks confirm a bullish pullback.

RoboForex Analytical Department

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