Analysis for November 24th, 2015
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows the downtrend. Three Line Break chart indicates a bearish direction; Hammer pattern and Heiken Ashi candlesticks confirm a bullish pullback.
The H1 chart of EUR USD shows a sideways correction. Bearish Harami pattern indicates a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the upper Window provided resistance. Harami pattern near the Window indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
RoboForex Analytical Department
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