Analysis for April 17th, 2015
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows a bullish tendency. Three Methods continuation pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of EUR USD shows a bullish tendency. The closest Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm that an ascending tendency continues.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the lower Window provides support. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
RoboForex Analytical Department