Japanese Candlesticks Analysis 26.10.2015 (EUR/USD, USD/JPY)

26.10.2015

Analysis for October 26th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bearish tendency. Bullish Hammer pattern indicates an ascending movement. Three Line Break chart shows the bearish tendency; Heiken Ashi candlesticks confirm a bullish direction.



At the H1 chart of EUR USD, the lower Window provides support. Bearish Shooting Star pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks show a bearish direction.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bullish tendency. Belt Hold pattern indicates a bearish movement. The upper Window provides support. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a descending movement.



 
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