Japanese Candlesticks Analysis 11.09.2015 (EUR/USD, USD/JPY)

11.09.2015

Analysis for September 11th, 2015

EUR USD, “Euro vs. US Dollar”

On the 4-hour Eurodollar chart the Three methods model indicates the upward direction. The 3-line break graph and Heiken Ashi candles confirm the bearish pullback.



On the hourly Eurodollar chart there is a bullish trend, the top Window is the support. Shooting stars, the 3-line break graph and Heiken Ashi candles confirm the downward direction.




USD JPY, “US Dollar vs. Japanese Yen”

On the 4-hour dollar yen chart a lateral correction continues, the Window closest to the price shows support, the bearish Shooting Star and Evening Star indicate a downward direction. The 3-line break graph and Heiken Ashi candles show a bearish indication.



 
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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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