Analysis for October 2nd, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the lower Window provided support. Hammer pattern and Three Line Break chart indicate a bullish movement; Heiken Ashi candlesticks confirm a descending movement.
At the H1 chart of EUR USD, the lower Window provides support. Three Line Break chart shows an ascending movement; bearish High Wave pattern and Heiken Ashi candlesticks confirm that the descending tendency continues.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the closest Window provided resistance. Harami pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.
RoboForex Analytical Department
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