Japanese Candlestick Analysis for EURUSD and USDJPY: July 26, 2018

26 июля 2018 - Fx4News

EURUSD

On H4, the pair has again reached the resistance level, where it has formed several reversal patterns like Hanging Man and Shooting Star. Here we can assume that this is another correction before further growth.

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

USDJPY

On H4, the pair has again reached the support level on which it has formed a Long-legged Doji and several Hammers.If we draw an analogy between these and previous movements, we can assume that this is another attempt for a bounce off.

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