Analysis for September 30th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bearish Doji pattern indicated a descending movement. The downside Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
At the H1 chart of EUR USD, Engulfing Bearish pattern indicated a descending movement. There might be bullish patterns and a pullback upwards in the support area. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the upside Window is a resistance level. Engulfing Bearish pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
RoboForex Analytical Department