Analysis for March 31st, 2015
At the H4 chart of EUR USD, the downtrend continues. Three Methods continuation pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.
EUR USD, “Euro vs. US Dollar”
As we can see at the H1 chart of EUR USD, after forming bearish Harami pattern, the price has broken the small Window, which is now a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs. Japanese Yen”The H4 chart of USD JPY shows a bullish tendency. Shooting Star pattern indicates that the price may face resistance from the closest Window. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
RoboForex Analytical Department
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