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Japanese Candlesticks Analysis 30.12.2016 (EUR/USD, USD/JPY)

Analysis for December 30th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, there are no reversal pattern; candlesticks are bullish. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



At the H1 chart of EUR USD, Harami pattern indicates that the bullish tendency continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Engulfing Bullish and Hammer patterns show a pullback upwards. Three Line Break chart indicates a bearish direction; Heiken Ashi candlesticks confirm an ascending movement.



 
RoboForex Analytical Department

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