Japanese Candlesticks Analysis 25.09.2015 (EUR/USD, USD/JPY)
25.09.2015
Analysis for September 25th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the upper Window provided resistance. Bearish High Wave pattern indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement. The lower Window provides support.
At the H1 chart of EUR USD, Three Methods continuation pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement. The lower Window provides support.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the correction within the downtrend continues. The upper Window provides resistance. Three Line Break chart shows the downtrend; Morning Star pattern and Heiken Ashi candlesticks confirm a bullish pullback.
RoboForex Analytical Department
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.