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Japanese Candlesticks Analysis 07.09.2016 (EUR/USD and USD/JPY)

Japanese Candlesticks Analysis, 07.09.2016

EUR USD "Euro vs. US Dollar"


Анализ японских свечей для EUR/USD и USD/JPY на 07.09.2016

4-H chart shows a sideways movement at the level of middle Window, the bearish Harami points downwards. The Three Line Break chart and Heiken Ashi candlesticks show a bearish tendency.

Анализ японских свечей для EUR/USD и USD/JPY на 07.09.2016

On 1-H EUR/USD chart a bearish Doji and a Shooting Star point to downside correction. There is still a bullish tendency on the Three Line Break chart whereas Heiken Ashi candlesticks confirm downside direction. The upper Window is a resistance here.

USD JPY "US Dollar vs. Japanese Yen"

Анализ японских свечей для EUR/USD и USD/JPY на 07.09.2016

There is a bearish tendency on the 4-H USD/JPY chart, the bullish Doji shows a possible upward movement, and the middle Window can act as a resistance. The Three Line Break chart and Heiken Ashi candlesticks keep showing a bearish tendency.

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