Japanese Candlesticks Analysis
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    Japanese Candlesticks Analysis

    Analysis for January 22nd, 2013

    EUR/USD

    The H4 chart of the EUR/USD currency pair shows a bullish tendency on the ascending trend, which continued after Harami pattern. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.



    The H1 chart of the EUR/USD currency pair also shows a bullish tendency on the ascending trend, which continued after Hammer pattern. Three Line Break chart and Heiken Ashi candlesticks confirm the current tendency.



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    Japanese Candlesticks Analysis 24.01.2013 (EUR/USD, USD/JPY)

    The H4 chart of the EUR/USD currency pair shows a correction on the ascending trend. The closest Window is a support level. Three Methods pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.



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    Japanese Candlesticks Analysis 25.01.2013 (EUR/USD, USD/JPY)

    The H4 chart of the EUR/USD currency pair shows a bullish tendency on the ascending trend, which continued after Tweezers pattern. Three Methods pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.



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    Japanese Candlesticks Analysis 28.01.2013 (EUR/USD, USD/JPY)

    The H4 chart of the EUR/USD currency pair shows a bullish tendency on the ascending trend, which continued after Three Methods pattern. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; Shooting Star pattern indicates a possible correction.



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    Japanese Candlesticks Analysis 29.01.2013 (EUR/USD, USD/JPY)

    The H4 chart of the EUR/USD currency pair shows a correction on the ascending trend. Three Line Break chart indicates the current trend; Heiken Ashi candlesticks confirm a descending movement.



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    Japanese Candlesticks Analysis 30.01.2013 (EUR/USD, USD/JPY)

    The H4 chart of the EUR/USD currency pair shows a bullish tendency on the ascending trend, which is indicated by Three Methods pattern. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.



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    Japanese Candlesticks Analysis 31.01.2013 (EUR/USD, USD/JPY)

    The H4 chart of the EUR/USD currency pair shows a bullish tendency on the ascending trend, which is indicated by Three Methods pattern. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.



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    Japanese Candlesticks Analysis 05.02.2013 (EUR/USD, USD/JPY)



    The H4 chart of the EUR/USD currency pair shows a bearish tendency on the ascending trend, which is indicated by Engulfing Bearish pattern. Three Line Break chart and Heiken Ashi candlesticks indicate a descending movement.

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    Japanese Candlesticks Analysis 06.02.2013 (EUR/USD, USD/JPY)



    The H4 chart of the EUR/USD currency pair shows a correction on the ascending trend, which is indicated by Tweezers pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.

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    Japanese Candlesticks Analysis 07.02.2013 (EUR/USD, USD/JPY)



    The H4 chart of the EUR/USD currency pair shows a correction on the ascending trend, which is indicated by Tweezers pattern. Three Line Break chart confirms the correction; Hammer pattern and Heiken Ashi candlesticks indicate a possible bullish pullback.

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