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Japanese Candlesticks Analysis 30.11.2016 (EUR/USD, USD/JPY)

Analysis for November 30th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the ascending correction continues. Three Methods continuation pattern provided support. Three Line Break chart and Heiken Ashi candlesticks confirm the ascending correction.



At the H1 chart of EUR USD, Engulfing Bullish pattern indicates an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bearish correction within the uptrend. Bullish Hammer reversal pattern indicated an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending movement.



 
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