Analysis for September 25th, 2013
EUR/USD
The H4 chart of the EUR/USD currency pair shows a correction, which started after Two Crows pattern. Three Line Break chart indicates the correction; Heiken Ashi candlesticks confirm an ascending movement.
The H1 chart of the EUR/USD currency pair show a correction, which is indicated by Engulfing Bearish pattern. Three Line Break chart and Heiken Ashi candlesticks indicate an ascending trend.
USD/JPY
At the H4 chart of the USD/JPY currency pair, the upper Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
At the H1 chart of the USD/JPY currency pair, the lower Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a descending tendency.
RoboForex Analytical Department