Japanese Candlesticks Analysis 14.01.2015 (EUR/USD, USD/JPY)

January 14, 2015

Article By RoboForex.com

Analysis for January 14th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, a sideways correction within the downtrend continues. Evening Star pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.

The H1 chart of EUR USD shows a descending movement, which is indicated by Harami pattern. Three Line Break chart indicates an ascending correction; Heiken Ashi candlesticks confirm the downtrend.

USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bearish tendency. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.

RoboForex Analytical Department

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Article By RoboForex.com

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