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Japanese Candlesticks Analysis 11.01.2017 (EUR/USD, USD/JPY)

Analysis for January 11th, 2017

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Harami pattern indicates a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm the descending movement.

At the H1 chart of EUR USD, bullish Doji pattern indicates a possible pullback upwards. The downside Window is a support level. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a descending movement.

 

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bullish Harami and Hammer patterns indicate an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a pullback to the upside.

 

RoboForex Analytical Department

 


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