Analysis for April 9th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Three Methods continuation pattern shows a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
As we can see at the H1 chart of EUR USD, bearish Three Methods continuation patterns showed a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish tendency.
USD JPY, “US Dollar vs. Japanese Yen”
As we can see at the H4 chart of USD JPY, the price faced resistance from upper Window again. Three Line Break chart and Heiken Ashi candlesticks shows a bullish movement.
RoboForex Analytical Department