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Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 22.07.2016

Analysis of Japanese candlesticks on July 22, 2016

EUR USD "Euro to US Dollar"


Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 22.07.2016

On 4 hour chart of Euro to US Dollar, bearish trend is kept, Harami model points on upward direction. On 3 lined breakage chart is bearish indication, Heiken Ashi candlesticks confirm bullish pullback.


Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 22.07.2016

On 1 hour chart of Euro to US Dollar, upward correction, on which Engulfing model pointed, may be continued. Bearish indication is kept on 3 lined breakage chart, Heiken Ashi candlesticks confirm correction.


USD JPY "US Dollar Yen"

Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 22.07.2016

On 4 hour chart of US Dollar to Yen is bullish trend, level of middle Window resisted, bearish Harami pointed on correction to the down. 3 lined breakage chart, Heiken Ashi candlesticks and High wave point on bullish trend.

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