Analysis for October 9th, 2015
EUR USD, “Euro vs. US Dollar”
As we can see at the H4 chart of EUR USD, Three Methods continuation pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.
At the H1 chart of EUR USD, the Window in the middle provided support, the upper one provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the closest Window provides resistance. Three Line Break chart shows a bearish direction; Hammer pattern and Heiken Ashi candlesticks confirm an ascending movement.
RoboForex Analytical Department