Japanese Candlesticks Analysis 25.11.2015 (EUR/USD, USD/JPY)
25.11.2015
Analysis for November 25th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the downtrend continues. Three Line Break chart, Evening Star pattern, and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows a bearish tendency. Engulfing Bearish pattern indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm the downtrend.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the upper Window provided resistance. Morning Star pattern indicates an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
RoboForex Analytical Department
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.