637
Galina has been using the Japanese Candlesticks in trading since 2004. Meanwhile, she has wrote dozens of articles about these patterns, because nowadays it's possible to see a lot of things that couldn't be discovered in the good old days. Everyday Galina share her expert opinion about EUR/USD and USD/JPY on the fxBazooka.com.

USD/JPY: candlestick analysis

Galina Svetlova

USD/JPY: candlestick analysis

The bullish rally become slower after a “Hummer” and a “Inverted Hummer” have been formed at the last minimum. At the same time, there’s a bearish “Three Methods” pattern as well, so it’s likely that we’ll see just a small correction and more selling pressure afterwards. The bullish "Hammer" has been formed on the daily chart.

USD/JPY: candlestick analysis

There’s a correction in progress near the last minimums and we’ve got three bullish patterns: a “Hummer’, a “Morning Doji Star” and a “Tweezers’. The price movement has found a resistance at the 2014 minimum. There's still time for the correction, but it’s very likely that the main trend is going to continue soon.

JPY
Scroll to top