Japanese Candlesticks Analysis 07.09.2015 (EUR/USD, USD/JPY)

07.09.2015

Analysis for September 7th, 2015

EUR USD, “Euro vs. US Dollar”

On the 4-hour Eurodollar chart the bearish tendency continues, the middle Window shows support. The bearish Three methods, the 3-line break graph and Heiken Ashi candles confirm the downward direction.



On the hourly chart the Eurodollar continues a sideways correction within the lower Window. The 3-line break graph shows a downward trend, the High wave model and Heiken Ashi candles confirm the bullish trend.



 

USD JPY, “US Dollar vs. Japanese Yen”

The 4-hour dollar yen chart continues a side correction. The bullish Doji model, the 3-line break graph and Heiken Ashi candles confirm the upward direction and the continuation of the correction.



 
RoboForex Analytical Department

Attention!

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.

Ask a question

Need any help? Click on the icon in the lower right corner of the page and get an answer to any your questions

Or enter your phone number in the form below and we will call you right away.

Call back
Ask a question