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Japanese Candlesticks Analysis 27.10.2016 (EUR/USD, USD/JPY)

Analysis for October 27th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Engulfing Bullish and Three Methods patterns indicate an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



At the H1 chart of EUR USD, the ascending correction continues. Three Methods and Doji patterns indicate an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm the ascending movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bullish Tweezers and Three Methods patterns indicated an ascending movement. The upside Window is broken, now it’s a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



 
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