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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

The “Window” has acted as a resistance once again, so we’ve got a “Shooting Star” and a “Harami”. If we see a pullback from the nearest support line, it will be a start for a local upward correction. As we can see on the daily chart, there’s a “Doji” and a “Deliberation”, which has been confirmed, so it’s likely to see the following decline until any reversal pattern forms.

EUR/USD: candlestick analysis

There’s an “Engulfing Bearish” and a possible “Three Methods”. The price is likely going to reach a resistance by the “Window” once again.

EUR
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