Analysis for April 29th, 2015
At the H4 chart of EUR USD, Hanging Man pattern indicates a descending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
EUR USD, “Euro vs. US Dollar”
The H1 chart of EUR USD shows a sideways correction within the uptrend. The upper Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
USD JPY, “US Dollar vs. Japanese Yen”The H4 chart of USD JPY shows a bearish tendency. The lower Window provides support. Three Line Break chart along with Heiken Ashi candlesticks confirm a descending movement.
RoboForex Analytical Department
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