754
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.

EUR/USD: candlestick analysis

Galina Svetlova

EUR/USD: candlestick analysis

There’re a “Three Methods” at the last low under the “Window”, which resistance is a still actual. It’s likely that the downward movement will go on towards a support line. As we can see on the daily chart, all the last candles are bearish and there aren’t any reversal patterns so far.

EUR/USD: candlestick analysis

We’ve got a “Inverted Hummer” at the last low, afterwards the correction was developing until a “Shooting Star” has been formed. The market has a lot of bearish pressure, so no one reversal pattern has been arrived yet. It’s likely to see the ending of current correction and the following downward rally.

EUR
Scroll to top