Japanese Candlestick Analysis for EURUSD and USDJPY: July 23, 2018

23 июля 2018 - Fx4News

EURUSD

On H4, the pair is near the resistance, where it formed a few reversal patterns, such as Falling Star. This is likely to signal a correction before the further uptrend movement.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY

On H4, the pair reached the support again, where it formed a Doji. According to the previous similar cases, this is likely to be an attempt to stop the pullback before forming a new uptrend.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future