This paper deals with interaction between two bubbles or particles and flow around them, visualized by a moving object flow image analyzer(MOFIA) consisting of a three-dimensional (3D) moving object image analyzer(MOIA) and two-dimensional particle image velocimetry(PIV). The experiments were carried out for rising bubbles or particles of various densities, sizes, and/or shapes in stagnant water in a vertical pipe. In the MOFIA employed, 3D-MOIA was used to measure particles or bubbles motion and PIV was used to measure fluid flow, The experimental results showed that the interaction was characterized by the shape, size and density of two particles or bubbles.