Japanese Candlesticks Analysis 27.12.2022 (EURUSD, USDJPY, EURGBP)

27 декабря 2022 - Fx4News

EURUSD, “Euro vs US Dollar”

On H4, at the support level, the pair has formed a Hammer reversal pattern. Now it may go by the signal in an ascending wave. The goal of the growth might be 1.0720. However, the price may pull back to 1.0600, bounce off it, and continue the uptrend without a correction.

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

USDJPY, “US Dollar vs Japanese Yen”

On H4, the pair has formed a Harami reversal pattern. The pair may now go by it in a descending wave. The goal of the decline might be 131.00. However, the price may pull back to 133.90 and continue the downtrend upon correcting to the resistance.

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

EURGBP, “Euro vs Great Britain Pound”

On H4, the pair has formed a Shooting Star reversal pattern. The pair may now go by the pattern in a descending wave. The goal of the pullback might be 0.8780. Upon testing the level and bouncing off it, the pair might get the chance to continue the uptrend. However, it may still grow to 0.8850 without any correction.

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