Japanese Candlesticks Analysis 08.09.2015 (EUR/USD, USD/JPY)

08.09.2015

Analysis for September 8th, 2015

EUR USD, “Euro vs. US Dollar”

On the 4-hour Eurodollar chart the top Window is the resistance, the bearish Harami indicates the downward direction. The 3-line break graph and Heiken Ashi candles show a bearish indication.



On the hourly Eurodollar chart the Shooting star indicates a bearish movement. The 3-line break graph and the Heiken Ashi candles confirm the downward direction.




USD JPY, “US Dollar vs. Japanese Yen”

On the 4-hour dollar yen chart a lateral correction develops after the bullish Hammer. The bullish Doji pattern, 3-line break graph and Heiken Ashi candles confirm the upward direction, nearest Window to the price is the resistance.



 
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