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Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 13.09.2016

Analysis of Japanese candlesticks on September 13, 2016

EUR/USD "Euro vs US Dollar"


Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 13.09.2016

On 4 hours Euro-US Dollar chart middle Window demonstrates resistance, bearish patterns of Shooting star and Harami indicate downwards direction. On 3 lined breakage chart and Heiken Ashi candles we still can see a bearish indication, bullish Harami model shows the possibility for upwards correction.

Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 13.09.2016

On 1 hour chart for Euro-US Dollar we have a side correction, candles are mixed, bullish Hammer indicates upwards. On 3 lined breakage chart we still can see bearish indication, Heiken Ashi candles confirm bullish correction.

USD/JPY "US Dollar vs Yen"

Analysis of Japanese candlesticks for EUR/USD and USD/JPY on 13.09.2016

On 4 hours chart for US Dollar-Yen we see bullish engulfment pattern, which indicates upwards direction, middle Window plays as a support. On 3 lined of breakage chart and Heiken Ashi candles we see the signs of bullish indication.

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