Analysis for July 27th, 2015
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows a bullish tendency within the downtrend. The Window in the middle is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
At the H1 chart of EUR USD, bullish Three Methods pattern near indicated that an ascending tendency continues. The upper Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, Three Methods pattern indicates that the descending correction continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
RoboForex Analytical Department