Analysis for April 1st, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the downtrend continues. Three Line Break chart confirms a descending movement; Harami pattern and Heiken Ashi candlesticks indicate a possible bullish pullback.
As we can see at the H1 chart of EUR USD, a bearish tendency continues after Tower pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency. The closest Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
RoboForex Analytical Department