Article By RoboForex.com
Analysis for September 15th, 2014
EUR USD, “Euro vs US Dollar”
Probably, at the H4 chart of EUR USD, a correction within the downtrend is about to complete. Three Line Break chart indicates the correction; Heiken Ashi candlesticks confirm the downtrend.
The H1 chart of EUR USD shows a descending movement, which is indicated by Engulfing Bearish pattern. Three Line Break chart shows that the correction may yet continue; Heiken Ashi candlesticks confirm the downtrend.
USD JPY, “US Dollar vs Japanese Yen”
The H4 chart of USD JPY shows the uptrend, which continued after a bullish Three Methods pattern. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
RoboForex Analytical Department
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Article By RoboForex.com
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
