Japanese Candlesticks Analysis 10.09.2015 (EUR/USD, USD/JPY)

10.09.2015

Analysis for September 10th, 2015

EUR USD, “Euro vs. US Dollar”

On the 4-hour Eurodollar chart the upper Window showed resistance, the bearish Harami indicates the downward direction. The 3-line break graph and Heiken Ashi candles show a bearish indication.



On the hourly Eurodollar graph the upper Window showed resistance and the Engulfing bearish model pointed to a downward direction. The 3-line break graph and the Heiken Ashi candles confirm the bearish trend.




USD JPY, “US Dollar vs. Japanese Yen”

On the 4-hour dollar yen chart the side correction continues, a bullish continuation Three methods model pointed in the upward direction, the Window closest to the price shows supports. The 3-line break graph and the Heiken Ashi candles confirm the upward direction.



 
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

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