{"id":153869,"date":"2019-08-20T09:45:27","date_gmt":"2019-08-20T13:45:27","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=153869"},"modified":"2019-08-20T08:06:40","modified_gmt":"2019-08-20T12:06:40","slug":"japanese-candlesticks-analysis-20-08-2019-eurusd-usdjpy","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/08\/japanese-candlesticks-analysis-20-08-2019-eurusd-usdjpy\/","title":{"rendered":"Japanese Candlesticks Analysis 20.08.2019 (EURUSD, USDJPY)"},"content":{"rendered":"
August 20, 2019<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

EURUSD, \u201cEuro vs. US Dollar\u201d<\/strong><\/p>\n

As we can see in the H4 chart, after completing Engulfing <\/em>pattern, EURUSD has rebounded from the descending channel\u2019s upside border. Right now, the pair is being corrected to the downside. After finishing the pullback, the price may fall towards 1.1030 to continue forming the descending channel. However, one shouldn\u2019t exclude a possibility that the price may break the resistance level and continue growing towards 1.1240.<\/p>\n

\"EURUSD\"
\n\"Risk<\/p>\n

USDJPY, \u201cUS Dollar vs. Japanese Yen\u201d<\/strong><\/p>\n

As we can see in the H4 chart, after testing the channel\u2019s downside border and forming several reversal patterns, including Hammer<\/em>, close to the support level, USDJPY has rebounded from it. Right now, it is being corrected after forming another correction. Judging by the previous movements, it may be assumed that the price may reach 108.00 to continue forming the descending channel. However, we shouldn\u2019t ignore a possibility that the instrument may return to the support line at 105.10.<\/p>\n

\"USDJPY\"<\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>

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Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com EURUSD, \u201cEuro vs. US Dollar\u201d As we can see in the H4 chart, after completing Engulfing pattern, EURUSD has rebounded from the descending channel\u2019s upside border. Right now, the pair is being corrected to the downside. After finishing the pullback, the price may fall towards 1.1030 to continue forming the descending channel. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-153869","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=153869"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153869\/revisions"}],"predecessor-version":[{"id":153871,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153869\/revisions\/153871"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=153869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=153869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=153869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}