Analysis for September 22nd, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the downside Window provided support. Bullish Harami pattern indicated an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending movement.
At the H1 chart of EUR USD, Harami, Three Methods, and Three Line Strike patterns indicated an ascending correction. The downside Window provided support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the downside Window is a support level. Bullish Inverted Hammer pattern indicates an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.
RoboForex Analytical Department
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