Analysis for September 28th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bullish Harami pattern close to the lower Window (support level) indicated an ascending movement. Three Line Break chart shows a bearish movement; Harami pattern and Heiken Ashi candlesticks confirm a bullish pullback.
At the H1 chart of EUR USD, Three Methods continuation pattern provides resistance. Three Line Break chart confirms a bearish movement; Heiken Ashi candlesticks show a bullish pullback. 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. Bearish High Wave pattern indicated a descending movement. Three Line Break chart shows the correction; Heiken Ashi candlesticks confirm a bearish movement.
RoboForex Analytical Department
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