Analysis for September 19th, 2014
EUR USD, “Euro vs US Dollar”
At the H4 chart of EUR USD, a bearish tendency continues. The price faced the resistance from the closest Window. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows a descending movement, which is indicated by Tower and Shooting Star patterns. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs Japanese Yen”
At the H4 chart of USD JPY, the price may start a correction within the uptrend and form Dark Cloud pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
RoboForex Analytical Department