Analysis for September 30th, 2014
EUR USD, “Euro vs US Dollar”
The H4 chart of EUR USD shows a bearish tendency within the downtrend. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows the downtrend, which continued after Engulfing Bearish pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs Japanese Yen”
At the H4 chart of USD JPY, the uptrend, which is indicated by Harami and Engulfing Bullish patterns, continues. Three Line Break chart indicates a correction; Heiken Ashi candlesticks confirm an ascending movement.
RoboForex Analytical Department