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Japanese Candlesticks Analysis 30.11.2015 (EUR/USD, USD/JPY)

Analysis for November 30th, 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 descending movement.



At the H1 chart of EUR USD, bearish Shooting Star and Three Methods patterns indicate that the downtrend continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction; the price may start a bullish pullback from the support area.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a sideways correction. The closest Window provides support. Three Methods and Hammer patterns indicate an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



 
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