Analysis for October 13th, 2015
EUR USD, “Euro vs. US Dollar”
As we can see at the H4 chart of EUR USD, Three Methods pattern provides support. Shooting Star pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
At the H1 chart of EUR USD, the upper Window provides support. Dark Cloud pattern indicates a descending movement. Three Line Break chart shows an ascending movement; Heiken Ashi candlesticks confirm a bearish direction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the closest Window provided resistance. High Wave pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.
RoboForex Analytical Department
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