Analysis for November 9th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the bearish tendency, which is indicated by Three Methods pattern, continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
At the H1 chart of EUR USD, the downtrend continues. Doji pattern indicated an ascending correction. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish movement.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency. The upper Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
RoboForex Analytical Department
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