Analysis for September 1st, 2015
The H4 chart of EUR USD shows the uptrend. The Window in the middle provided support. Shooting Star indicates a bearish pullback. Three Line Break chart shows the descending correction; Heiken Ashi candlesticks confirm a bullish movement.
EUR USD, “Euro vs. US Dollar”
At the H1 chart of EUR USD, Engulfing Bearish pattern indicates a descending movement towards support from the lower Window. Three Line Break chart shows a bullish movement; Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs. Japanese Yen”At the H4 chart of USD JPY, Belt Hold pattern indicated a bearish movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a descending movement.
RoboForex Analytical Department
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