Japanese Candlesticks Analysis 16.12.2015 (EUR/USD, USD/JPY)
16.12.2015
Analysis for December 16th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the closest Window provided resistance once again. Doji pattern indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
At the H1 chart of EUR USD, Shooting Star pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, Hammer and Three Methods patterns show an ascending movement. The downside Window provided support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
RoboForex Analytical Department
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.