Analysis for September 23rd, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the lower Window provides support. Bullish Belt Hold pattern indicates an ascending movement. Three Line Break chart shows a bearish movement; Heiken Ashi candlesticks confirm a bullish pullback.
The H1 chart of EUR USD shows a bearish tendency. Three Line Break chart indicates a bearish movement; Engulfing Bullish pattern and Heiken Ashi candlesticks confirm a bullish pullback.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the correction within the downtrend continues. Three Line Break chart confirms the downtrend; Engulfing Bullish pattern and Heiken Ashi candlesticks indicate a possible bullish pullback.
RoboForex Analytical Department
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