Analysis for September 3rd, 2015
The H4 chart of EUR USD shows a correction within the uptrend. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement; Shooting Star and Engulfing Bearish patterns indicate a bearish pullback.
EUR USD, “Euro vs. US Dollar”
At the H1 chart of EUR USD, the Window in the middle provides resistance. Doji Morning Star pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a bullish movement.
USD JPY, “US Dollar vs. Japanese Yen”At the H4 chart of USD JPY, the bearish tendency continues after Belt Hold pattern. Three Line Break chart shows a bullish direction; Hanging Man and bearish Harami patterns, along with Heiken Ashi candlesticks confirm that the descending tendency continues.
RoboForex Analytical Department
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