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Japanese Candlesticks Analysis 22.10.2015 (EUR/USD, USD/JPY)

Analysis for October 22nd, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish High Wave pattern showed a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



At the H1 chart of EUR USD, bearish Three Methods pattern indicated a descending movement. The closest Window provided resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, High Wave pattern indicates that the bearish pullback may continue. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



 
RoboForex Analytical Department

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