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Japanese Candlesticks Analysis 17.11.2015 (EUR/USD, USD/JPY)

Analysis for November 17th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Three Methods pattern indicates that the downtrend continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



At the H1 chart of EUR USD, Tweezers and Engulfing Bullish pattern indicate an ascending correction. 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 the uptrend. The upper Window provides resistance. Three Line Break chart indicates a bullish direction; Evening Star pattern and Heiken Ashi candlesticks confirm a bearish pullback.



 
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