Analysis for September 10th, 2015
EUR USD, “Euro vs. US Dollar”
On the 4-hour Eurodollar chart the upper Window showed 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 graph the upper Window showed resistance and the Engulfing bearish model pointed to a downward direction. The 3-line break graph and the Heiken Ashi candles confirm the bearish trend.
USD JPY, “US Dollar vs. Japanese Yen”
On the 4-hour dollar yen chart the side correction continues, a bullish continuation Three methods model pointed in the upward direction, the Window closest to the price shows supports. The 3-line break graph and the Heiken Ashi candles confirm the upward direction.
RoboForex Analytical Department