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Japanese Candlesticks Analysis 15.08.2016 (EUR/USD, USD/JPY)

Analysis for August 15th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Harami pattern indicates a descending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a possible pullback upwards.



At the H1 chart of EUR USD, Harami and Three Black Crows patterns showed a descending movement. The upside Window is a support levels. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bearish tendency. Harami pattern indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



 
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