Article By RoboForex.com
Analysis for September 15th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the bullish tendency continues. The upper Window provides support. Three Methods pattern and Three Line Break chart indicate a bullish movement; Heiken Ashi candlesticks confirm a bearish pullback.
As we can see at the H1 chart of EUR USD, the price is completing the correction within the uptrend. The upper Window provided resistance. Three Line Break chart indicates that the price may test the Window again and continue the correction. Harami and bullish Tweezers patterns, along with Heiken Ashi candlesticks, confirm an ascending movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the bearish tendency continues after Three Methods pattern. The lower Window provides support. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
RoboForex Analytical Department
Article By RoboForex.com
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