Japanese Candlesticks Analysis 02.09.2016 (EUR/USD, USD/JPY)
02.09.2016
Analysis for September 2nd, 2016
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows an ascending correction. Bearish Doji pattern indicates a pullback downwards. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
At the H1 chart of EUR USD, the Window in the middle provides support. Shooting Star, Doji, and Tweezers patterns indicate a pullback downwards. 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, the upside Window is a resistance level. Bullish Three Methods continuation patterns provide support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
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