Analysis for September 8th, 2015
EUR USD, “Euro vs. US Dollar”
On the 4-hour Eurodollar chart the top Window is the resistance, the bearish Harami indicates the downward direction. The 3-line break graph and Heiken Ashi candles show a bearish indication.
On the hourly Eurodollar chart the Shooting star indicates a bearish movement. The 3-line break graph and the Heiken Ashi candles confirm the downward direction.
USD JPY, “US Dollar vs. Japanese Yen”
On the 4-hour dollar yen chart a lateral correction develops after the bullish Hammer. The bullish Doji pattern, 3-line break graph and Heiken Ashi candles confirm the upward direction, nearest Window to the price is the resistance.
RoboForex Analytical Department