Japanese Candlesticks Analysis 17.12.2015 (EUR/USD, USD/JPY)

17.12.2015

Analysis for December 17th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Hammer pattern indicates a bullish pullback. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



The H1 chart of EUR USD shows a bearish tendency. Harami pattern indicates an ascending correction. Three Line Break chart shows a descending tendency; and Heiken Ashi candlesticks confirm a bullish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Harami pattern near the middle Window shows a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



 
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