Japanese Candlesticks Analysis 02.11.2015 (EUR/USD, USD/JPY)

02.11.2015

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.



 
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