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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 “Hammer” and a “Harami” at the last minimum. It’s likely to see an upward correction to the “Three Methods” resistance area. The price might start falling down afterwards until any bullish pattern arrives. As we can see on the daily chart, here's a “High Wave” without a confirmation, so the market are probably going to the nearest support line.

EUR/USD: candlestick analysis

We’ve got  a “Hammer” and a “Tweezers” at the last low under the “Window” resistance area. It's likely to see the following upward movement towards the 55 Moving Average line, but then bears might come back to the market.

EUR
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