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Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 12.09.2016

Analysis of Japanese candlesticks on September 12, 2016

EUR/USD "Euro vs US Dollar"


Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 12.09.2016

On 4 hours Euro-US Dollar chart middle Window demonstrates resistance, Shooting star pattern shows that we should expect the pair to descend. On 3 lined of breakage chart and Heiken Ashi candlesticks, we see the signs of bearish indication.

Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 12.09.2016

On 1 hour chart for Euro against US Dollar bearish Doji pattern shows descending prospects. On 3 lined of breakage chart and Heiken Ashi candlesticks bearish indication is still in place.

USD/JPY "US Dollar vs Yen"

Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 12.09.2016


On 4 hours US Dollar-Yen chart bearish Harami shows the way downward, middle Window plays as a support at the moment. On 3 lined breakage we see signs of bullish indication, however, Heiken Ashi candles confirm bearish movement.

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