Article By RoboForex.com
Analysis for September 18th, 2014
EUR USD, “Euro vs US Dollar”
The H4 chart of EUR USD shows a bearish tendency. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement, but Doji pattern indicates the possibility of a correction towards the Window’s lower border.
The H1 chart of EUR USD shows an ascending correction, which is indicated by Engulfing Bullish pattern. Three Line Break chart and Heiken Ashi candlesticks confirm that a bullish movement.
USD JPY, “US Dollar vs Japanese Yen”
At the H4 chart of USD JPY, the price may start a correction within the uptrend and form Harami pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
RoboForex Analytical Department
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Article By RoboForex.com
Attention!
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.
