Analysis for September 9th, 2015
EUR USD, “Euro vs. US Dollar”
On the 4-hour Eurodollar chart the middle Window shows support, the bullish model of Three methods indicates an upward direction. The 3-line break graph shows a bearish indication, Heiken Ashi candles confirm a bullish pullback.
On the hourly Eurodollar chart the lower window shows supports. The 3-line break graph shows a bearish indication; Morning Star Doji and Heiken Ashi candles confirm the upward direction.
USD JPY, “US Dollar vs. Japanese Yen”
On the 4-hour dollar yen chart the bullish continuation pattern of Three methods indicates the upward direction, the lower window is the resistance. The 3-line break graph and the Heiken Ashi candles confirm the bullish trend.
RoboForex Analytical Department