Analysis for July 9th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Three Methods pattern indicates an ascending movement. The window in the middle is a resistance level. Three Line Break chart shows a bearish tendency; Heiken Ashi candlesticks confirm a bullish pullback.
The H1 chart of EUR USD shows a bullish tendency. 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. Tower pattern indicates an ascending movement. Three Line Break chart shows a bearish movement; Heiken Ashi candlesticks confirm a bullish pullback.
RoboForex Analytical Department
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