Japanese Candlesticks Analysis 01.08.2014 (EUR/USD, USD/JPY)

01.08.2014

Analysis for August 01st , 2014

EUR USD, “Euro vs US dollar”

On H4 chart of EURUSD we can see descending trend, Morning star configuration indicates possibility of correctional move. Three-Line break and Heiken Ashi confirm bearish destination.


 

USD JPY, «US Dollar vs Japanese Yen»

At H4 chart of USDJPY, we can see sideways action, occurred after bearish Harami. Three methods model, Three-Line break chart and Heiken Ashi candlesticks confirm bullish destination.

 




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