Analysis for November 2nd, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the lower Window provides resistance. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback from the lower Window.
At the H1 chart of EUR USD, the lower Windows provide support. Engulfing Bearish pattern indicates a descending movement. 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 upper Window provides support. Three Line Break chart shows a bearish direction; Engulfing Bullish pattern and Heiken Ashi candlesticks confirm an ascending movement.
RoboForex Analytical Department
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